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5 Reasons Buying a Home is Better Than Renting!

Purchasing a home offers amazing financial benefits. Renting a home offers amazing financial benefits for the owner of the property you are renting from. Keep that in mind the next time you think about staying in your rental.

1. You Are Paying For A Home Regardless if You Rent or Buy

Some will argue renting eliminates the costs of property taxes and home repairs. All renters should realize that all the expenses your landlord must incur (property taxes, repairs, insurance and etc.) are rolled into your rent anyway along with profit margin.

2.  Home Ownership Is a Form of Forced Savings

Studies have shown homeowners have a net worth 44X times higher than a renter. It was recently estimated that a family buying a average home this past January could build more than $40,000 in family wealth in the next five years.

3. Owning Is a Hedge Against Inflation

Home values and rents tend to go up at or higher than the rate of inflation. When you own, your home's value will protect you against in…

Visit Chinatown: New York City




When you get off the subway at Grand St. and Chrystie, you pop up into a world unlike what many people know. I saw a man reading a newspaper in Chinese Characters, a small child spoke in terms unheard of to me and street markets are the way to buy your food. What an amazing experience and one I will not forget forever.





Comments

  1. Oh, New York, how I miss thee. I used to visit NYC frequently when I lived on the East Coast. Love Chinatown! Great photos! Looks like you guys had fun!

    xo
    Rachel

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