|
Depends on your level of discipline and what your motivations are. Having owned a few homes, they are not that great of an investment unless you buy at the bottom which is not right now. A house is a low return over the long haul relative to the stock market.
If you have the will power to save and invest the differential between renting and buying you will end up with more in the bank at the end of 15 years. Most people do not have the discipline to save that money though and need the forced savings aspect of owning a home.
|