Buy vs. Rent

Buying

  • You will have a great tax write-off.
  • Your housing expense may never go up.
  • You are able to use, decorate, make physical changes and enjoy your home as you see fit.
  • You will build large equity as your home appreciates in value.
  • You are not at the mercy of your landlord.
  • Your house will become a home, not a temporary living situation

Renting 

  • You have no tax write-off.
  • Your rent can go up anytime.
  • You must get permission to make any changes to your dwelling.
  • You have no equity build up. Your money is gone for good.
  • You can be evicted or trapped into a lease.
  • Your living situation is always temporary.