Should You Rent or Buy?

This is a now brainer. Except in severe housing slumps you should always buy. You should even buy in severe housing slumps if you can get a spectacular deal. This would not apply if you are on a Kissimmee vacation.

The low interest rate of a fixed 30 year loan will free up other money in the long run. In 20 years your house should be worth at least double what you paid for it and your monthly payment will be the same. Not only that but inflation would have made your monthly payment effectively half of what it was. After renting you own nothing and have to deal with someone else owning the place you live. It makes you want rhinoplasty Washington DC

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