Buy vs Rent

Updated: Jan 19, 2019

Renting vs buying will usually be decided based upon needs, situation, and market.

Either way you are paying a mortgage. Sometimes the cost to rent is too high or availability to buy is too low.

Other times the flexibility of renting vs stability of buying makes all the difference


Pro -


Requires less cash

No depreciating value

Minimum maintenance

Con -

No equity

No Tax Benefit

Possible increase in monthly payment.


Pro -

Build Equity

Home ownership

Tax Benefit

Stable monthly payment.

Con -

Requires more cash

Potential depreciating value

Maintenance and expenses