Waste
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Equity or Waste
Upon leaving the nest, we all go in search of a place to call home. Most
individuals will rent a home upon leaving the nest, because of the expenses required
to buy a home. Presenting the pros and cons of renting vs. buying will help make
the decision somewhat easier. Thus, an individual can analyze the options and decide
which would be economically better for him or her. The point to remember is money
used for rent is merely wasted vs. money used in buying a home returns as equity.
Expenses of buying vs. renting will vary a great bit. For an individual leaving
home for the first time renting is a cheaper route...