Is It Really Better To Rent Instead Of Buying A Home?
Posted by Larry Tollen on
These days, people are questioning the value of homeownership and wondering if it's better to rent instead. Some experts have concluded that renting is better, and they've come up with several reasons, listed below.
However, those reasons are dubious at best and just plain false at worst, at least as it pertains to buying vs. renting in the Triangle region. Here are three common reasons why renting is better than buying, and our answers to them.
You don't have to pay taxes and fees
The argument goes that when you rent, that's all you pay. You don't have to pay the property taxes and other fees that go along with owning a home.
While it's true that you don't write out a tax check every year, you are covering the cost of those taxes and…
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