.png?1770754861)
Posts from June 30th, 2021
RSS Feed
- 2026 | 3 Posts
- 2025 | 16 Posts
- 2024 | 28 Posts
- 2023 | 38 Posts
- 2022 | 49 Posts
- 2021 | 41 Posts
- 2020 | 1 Posts
- 2014 | 18 Posts
- 2013 | 19 Posts
- 2012 | 11 Posts
- 2011 | 8 Posts
Subscribe and receive email notifications of new blog posts.
30
Is Renting Cheaper than Buying in Austin TX?
NOT SO FAST! According to data recently collected and published by Realtor.com the indicators are showing that Renting a home today in Austin and many other cities around the nation may actually be more affordable than purchasing! While this may look like a smart move for the short run it does not necessarily mean that things work out better for you in the long run. While there may be some short-term advantages the long-term effect of this can be the exact opposite!
The current "core inflation" rate reported by the US Bureau of Labor Statistics has risen by more than 100% in 2021 and renting a property means that a tenant has little insulation from these increases while the homeowner in a fixed mortgage situation has the advantage of a growing asset and fixed living expenses outside of property tax increases. Therefore one of the best moves anyone can make in times of...