Published by John Hoff on 02 Jul 2008
Real Estate Challenge: Which Is A Better Investment - Owning or Renting and Saving
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John sits in his cushioned chair, takes a sip of his steaming coffee, and tells himself “I will try to keep an open mind and see the logic to Justin Ewers of U.S.News latest blog article reprinted in the Yahoo! Real Estate section.”
In case you don’t click over to read the article, Justin’s post suggests to us that renting a house and investing your monthly savings may be a better investment than investing in owning your own home.
This sparked a challenge in my head. Which investment is truly better?
I have broken Justin’s article down to 3 main quotes from his article that I will comment on in regards to this idea.
The Challenge
Ok, so you’re not a trained real estate investor and you want to know if there’s any truth to Justin’s article showing how renting can be a better investment than owning.
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