Posts with tag renting vs. owning

Renting is too often considered a stepping stone for people busy saving up for that prototypical American dream: homeownership. But what if we looked at renting as a sound investment choice, rather than a runner-up prize? There's a new school of thought doing just that. With the disillusionment brought by the recent... Continue Reading »

Unbeknown to most consumers, there is a seismic shift coming in the American real estate industry. The Obama Administration is contemplating fundamental changes to the national housing policy. As yet, this is something for various think tanks, government officials, lobbyists, and academics to argue over, but it will come... Continue Reading »

Is buying always superior to renting? Not always, and in a down market, not when it comes to selling. Writer Sutton Stokes recently shared his saga with The Washington Times Communities. He and his wife went from renting to owning, to selling -- and waiting. In his words, "our decision to 'stop throwing money away on... Continue Reading »

Author and urban-studies theorist Richard Florida has some "tough love" advice for Americans. First, we need to lose our obsession with real estate. In his web-based video produced for The Atlantic titled "The Burden of Homeownership" he says that we need a "more flexible rental system." And when he means "more... Continue Reading »

Wake up, Pittsburgh! Hello, Phoenix! Pick yourself up, Detroit! It's a brand new day. According to the New York Times, these are just a few of the lucky (though relatively downtrodden) U.S. cities where buying a house has recently become substantially more affordable than renting one. That means home ownership,... Continue Reading »