Worried about the rising price of housing in America? Purchasing a home might be the way to calm your nerves. This somewhat counterintuitive notion can be surmised from the results of a recent Gallup Poll – nearly half of renters said they were worried about their housing costs, compared to only 25 percent of homeowners. This might seem obvious given the fact homeowners are generally better off than renters, but the poll showed this “worry gap” extended pretty evenly across all income levels. Rental block Some long-term renters argue that home ownership is a kind of prison, keeping them tied down when they want to be free. They have no desire to replace or repair anything themselves, nor the patience for the home loan process. But paying a monthly fee (rent) to live on someone else’s property has its own...
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April 28th, 2016
Homeownership brings peace of mind
Posted by bayequity at 1:09 pm