|
Depends on how long you plan on keeping the house. Run some scenarios of rent vs buy. If you stay long enough and sell the house for even less than what you paid for, you could still be better off in the long run. Rent is a 100% loss--you have to compare the potential loss if you buy a house. This is just a financial analysis; there are obviously other factors that can play a roll.
__________________
Matt B
'73 911E
|