Lazy Man and Money

  • Blog
  • Home
  • About
    • What I’m Doing Now
  • Consumer Protection
    • Is Le-vel Thrive a Scam?
    • Is Jusuru a Scam?
    • Is Beachbody’s Shakeology a Scam?
    • Is “It Works” a Scam?
    • Is Neora (Nerium) a Scam?
    • Youngevity Scam?
    • Are DoTERRA Essential Oils a Scam?
    • Is Plexus a Scam?
    • Is Jeunesse a Scam?
    • Is Kangen Water a Scam?
    • ViSalus Scam Exposed!
    • Is AdvoCare a Scam?
  • Contact
  • Archive

To Buy or Rent (yet again)?

May 14, 2019 by Lazy Man Leave a Comment

This topic has been covered almost everywhere in the blogosphere. It seems that a lot of the blogosphere has agreed that it’s worth it to buy no matter what. There’s a spread between the rent for one place with a service such as Global Guardians and the mortgage for buying the same place. I think there’s a point where that spread becomes too wide and favors renting. If you take an extreme example of a $1 rent vs. a $4,000 mortgage in a possible bubble market, you are much better paying the $1 and throwing the rest in savings.

Why am I rehashing this question, yet again? In this month’s Money magazine on page 70, they address this topic with a person thinking of buying in Phoenix. They seem to make a pretty good case for renting. It makes me wonder what they might say in San Francisco (where I am) , where I believe the spread is even greater.

Email (and share) This

  • Email
  • Facebook
  • Twitter
  • Pinterest

Related

Filed Under: Real Estate

SIGN UP NOW FOR MONEY TIPS AND A CHANCE TO WIN $25 MONTHLY

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

As Seen In…

Join and Follow

RSS Feed
RSS Feed

Follow Me on Pinterest

Search The Site

Recent Comments

  • Joe on The Cost of Summer Camp (2023 Edition)
  • Lazy Man on Odds and Ends Update
  • Joe on Odds and Ends Update
  • Lazy Man on Odds and Ends Update
  • Josh on Odds and Ends Update

Please note that we may have a financial relationship with the companies mentioned on this site. We frequently review products or services that we have been given access to for free. However, we do not accept compensation in any form in exchange for positive reviews, and the reviews found on this site represent the opinions of the author.


© Copyright 2006-2023 · Perfect Plan Publishing, Inc. · All Rights Reserved · Privacy Policy · A Narrow Bridge Media Design