BUYING VS. RENTING. Which is better?

Deciding whether to buy or rent an apartment in New York City is not a decision that should be made lightly but should rather receive a great deal of consideration. You should weigh all the pros and cons, and closely examine your finances, your lifestyle, and what particular features you might possibly desire to have in your home. The following is meant to help guide you in your decision-making process by introducing you to options, advantages, and considerations for the New York City homeowner. * Personalizing Your New Home * Tax Benefits * Creating Equity * Apartment Maintenance * Co-op Associations and Condo Boards * Down Sides to Buying * Advantages to Renting * Down Sides to Renting