View Single Post
Old 09-17-2010, 01:07 PM  
Wizzo
2011 GFY Hall of Fame!
 
Wizzo's Avatar
 
Industry Role:
Join Date: Nov 2000
Location: Back in Texas!
Posts: 15,224
It really depends on the market, like when I moved to Florida in 2005 at the top of the market it made poor financial sense to buy and renting was the smarter move.

The house I lived in was valued at $550k at the time and 3 years later dropped to $275k and I spent a whole lot less than $175k on rent for those 3 years.
__________________
Looking for Opportunity!
Wizzo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote