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subject: Is Renting a Good Alternative to Buying a Home? [print this page]


Homes usually rise in valueHomes usually rise in value. Paying rent is to a certain extent `dead` money. If property prices rise which almost invariably happens over time you will not benefit from that rise. You can remortgage your home and use it for collateral against a loan. Rentals can and do increase, but probably less frequently than mortgage interest repayments. When you buy a home you have security of tenure, and how long you choose to live there is normally entirely down to you. When you die

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Is Renting a Good Alternative to Buying a Home?

By: Craig Jones




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