Discussion (3)
Grab this poll for your site
Votes cast anywhere this poll is embedded count toward the same live total.
From Groundbeat
Help us build thisWe're building the Groundbeat community one person at a time, and we need your help — if you know someone who belongs here, please send them groundbeat.com.
More in Business & Money
- Should taxpayers help cover AI companies' legal costs when their technology causes serious harm? · 2 votes
- With U.S.–Mexico trade talks stalled, should the U.S. keep its tariffs on Mexican goods? · 2 votes
- Are investors right to be dumping AI chip stocks this week? · 2 votes
- After this week's global stock market selloff, are fears about AI companies' profits justified? · 3 votes
The way the US tax and rental lawas are structured buying is always better than renting
Generally agree with you. The mortgage interest deduction favors buying (assuming you're itemizing). I think where many get it wrong, though, is on flexibility, Every time you move you're losing 5-6% on realtor fees, so if you don't plan on being somewhere for 5+ years, you're likely better off renting.
Not sure there's ever a perfect time. Either interest rates are high and demand is low, or interest rates are low and demand is high.