Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean pharetra tortor porta augue.

Home » Archives » 28. September 2008

Renting Makes More Financial Sense Than Homeownership

September 28, 2008

Renting Makes More Financial Sense Than Homeownership

By Jack Hough

Sept. 26, 2008

I have something un-American to confess: I rent an apartment , despite having enough money to buy a house. I plan to keep renting for as long as I can. I’m not just holding out for better prices. Renting will make me richer.

I normally write about stocks for SmartMoney.com , but the boss asked me to explain to readers my reason for renting. Here goes: Businesses are great investments while houses are poor ones , so I’d rather rent the latter and own the former.
(more…)

Posted by leeangelo at 7:06 pm | permalink | Add comment