Own vs Renting

I have heard several people grumble about their homes not increasing in value quickly enough or losing a small amount of value..during this recession but the real  question is does paying rent make you any profit??That would be a BIG NO!!! So guess homeownership is still the American Dream .

Everyone has been living on a budget . . . but does that mean not owning a home?  I don't think so.  Even though home financing is challenging, there are many reasons to buy -- and occupy -- a home.  For your family's future....for your future!  For a few crazy years, you could buy and sell a home within 2 years and make money!  That kind of market is not sustainable.But Homeownership is still the American Dream and a reality.. 

Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.

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