The Cost Difference Between Buying and Renting a Home

For people with the dream of homeownership, the road to actually buying a home can seem difficult to travel. Some are afraid that a volatile market may cause them to lose money when purchasing a property, while others are simply unaware of how affordable homeownership can actually be. Today we’ll be talking about the cost benefits of buying a home instead of renting one. The primary benefits you receive through homeownership are equity and substantial tax breaks; if you rent, on the other hand, everything you pay goes into someone else’s pocket. To learn more, watch my latest video.