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Mutt · 08-18-2012, 04:05 PM

i don't really understand the "breakeven horizon" stat - if the breakeven is 4 years, after 4 years it becomes more advantageous to be a buyer than a renter. that doesn't seem that bad to me as a home buyer. zillow nor anybody else has a crystal ball to see house prices in the future - like any investment there is a risk. for most people under 50 i'd say buy something rather than rent.

The breakeven horizon refers to the number of years after which buying a home is more "financially advantageous" than renting one. So, with a longer breakeven horizon it makes more sense to rent.

08-18-2012, 04:05 PM
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	i don't really understand the "breakeven horizon" stat - if the breakeven is 4 years, after 4 years it becomes more advantageous to be a buyer than a renter. that doesn't seem that bad to me as a home buyer. zillow nor anybody else has a crystal ball to see house prices in the future - like any investment there is a risk. for most people under 50 i'd say buy something rather than rent. The breakeven horizon refers to the number of years after which buying a home is more "financially advantageous" than renting one. So, with a longer breakeven horizon it makes more sense to rent. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!