Newlyweds might be smarter to rent a home, rather than buy one, during these shaky economic times, according to Investment News, a resource for financial advisors. Plummeting rents combined with uncertainty about jobs and the size of the family you will have, and a still unsteady housing market make renting seem like a better option for now. Besides, a second major default on mortgages is expected and as baby boomers seek smaller homes in the coming years, you might find bigger bargains than the ones available now, according to the article. I guess some people are hopeful that the economic crisis will one day work in our favor. Let's hope they're right.
Comments
No comments yet. Leave a Comment