Renting VS Buying a Home

✨ Thinking about ditching the rent game and buying a home instead?

If you’re ready and able, here are two solid reasons why it could be a smart move to get your own place!


1. HOME VALUES TYPICALLY RISE OVER TIME

There’s some confusion about whether home prices are going up or down. Reality is, over long-term, home prices almost always go up and this is a big reason why buying a home can be better than renting. As prices go up and you pay down your mortgage, you build equity and over time, this growing equity helps increase your overall net worth.


2. RENT KEEPS RISING IN THE LONG RUN

Truth is, rent also keeps going up over the years. Yes, it might be cheaper to rent right now in some areas, but every time you renew your lease or sign a new a lease, you’re likely to feel the squeeze of your rent getting higher. Therefore, the only way to escape the cycle of rising rents is to buy a home with a fixed-rate mortgage as that helps you stabilize your housing costs and say goodbye to the annoying rent increases.


Overall, your housing payments are an investment into your own future and even is renting is cheaper at the time, that money you pay every month is gone for good...

So when you really think about it, wouldn't you rather invest in yourself instead of keep paying your hard-earned money to a landlord?


If you have any further questions, send me a DM and let's chat through it 👏