Maybe Renting Is The Answer? The Pros And Cons Of Buying A Home
PRO: Potential increase in value
Most things that we purchase in life begin to lose their value once used, but a home has the potential to increase over time. Hopefully if the economy is not acting up you can realize some equity in your home. The housing market has been troubled (to say the least) since the recession hit in 2008, but things seem to be on the upswing nowadays. Should you choose to sell your home in the future, it should be worth more than you purchased which means more money for you.