Are you looking for a new home in the Philadelphia area, but are struggling to decide whether you should rent or own? You definitely aren’t alone. Many Americans are facing that same decision and don’t want to get burned. Below are just a few helpful things to remember when you are making your decision:
1. Renting vs. Buying – One of the main factors in your decision to rent or own will be cost. The good news is that recent studies have shown that by renting lofts and apartments can save you money! In fact, researchers estimate that nearly 20% of house owners would have saved money if they had chosen to rent instead. In another similar report, Harvard University found that ‘in many places, at many times, and for many holding periods during the past 15 years, renting made be