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Rent vs Buy - NYP Edition

Started by beseder
about 16 years ago
Posts: 38
Member since: Mar 2009
Discussion about
http://www.nypost.com/p/news/business/home_sweet_rental_liJyH17YPxOt9X6GexmF0L
Response by Jazzman
about 16 years ago
Posts: 781
Member since: Feb 2009

When you buy - more often than not the buyer is just renting the place from the bank, the government and the insurance companies. Put me in the camp of people who think owning is overrated. It's better than renting on many levels - but it's not the financial boon that it's claimed to be. The financial benefits of owning are still overstated by so many despite what's happened the last 3 years - it's pretty amazing.

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Response by JuiceMan
about 16 years ago
Posts: 3578
Member since: Aug 2007

ah the Post, what journalism, what literature, what art.

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