Is It Cheaper to Rent or Own?
Own |
Rent |
Build equity | Give equity to your landlord |
You get a huge tax benefit | You give tax benefits to landlord |
You can change whatever you want | You can’t change anything |
You can hang your pictures and put nails in walls | You can’t hang your pictures and put nails in walls |
You can have animals without paying extra | You have to pay extra |
You have a yard | You don’t have a yard |
You have a garage | You don’t have a garage |
You can play your music as loud as you want | You can’t play loud music |
You don’t have to deal with noise from your neighbors | You do have to worry about noise from your neighbors |