Financial Coach Claims Renters Come out Ahead over Home Buyers
Owning a home has been viewed traditionally as one of life's milestones. Paying off that mortgage instead of renting has become a conventional housing goal for the majority of Americans. Mortgage payments are viewed as "investments", and a form of long-term security. Home buyers tend to believe that the appreciating value of their home will bring them a healthy return on their investment one day, and even serve as a form of safe harbor investment in bad economies.