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Is It Better to Buy or Rent? - New York Times

Is It Better to Buy or Rent? - New York Times???????? ????? ?????????????? The NY Times has a nifty calculato to figure out if it’s better for you to buy or rent. Check out the advanced tabs over to the upper right. Right now, it’s saying it’s certainly better for me to rent, that I’d never come out ahead! Even figuring 8% annual appreciation (more in line with long term CA benifits), at the housing prices advertised in South Gate now, I’m better renting and investing my money in the stock market long term, when you consider property taxes and other items.If the market drops another 100,000, the situation changes, but for now, it’s still better to rent.

This entry was posted on Thursday, March 6th, 2008 at 9:52 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Is It Better to Buy or Rent? - New York Times”

  1. Adan Gallardo Says:
    March 6th, 2008 at 11:52 am

    haha, for some reason when I read the subject i though you were talking about DVDs.

  2. Bill Says:
    March 6th, 2008 at 12:05 pm

    No, the question then becomes: “Is it better to view, or not view at all?”

    Somehow the housing related question: “Is it better to have a roof, or not?” doesn’t seem to apply. I like tents, but it’s still a roof.

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