We're currently renting a big place with our rent, utilities and insurance costing about $1k. If we bought a house it would cost us closer to $2-3k/month or more since starter homes are not common and the ones on the market need more work than they're worth. (People tell us it's a better investment to buy now but everyone we know who bought had big things to fix like a roof or heating system). Since houses are going for top price (due to low mortgage rates, grant it), is it better to keep renting for cheap and invest in the stock market?
Submitted January 12, 2019 at 09:19AM by tigerheart357 http://bit.ly/2AHPGWJ
