Housing - Rent or Buy?

Buying a car and buying a house are two of the largest purchases you will ever make.  They require special preparation and study, and you have to consider them in your overall financial plan.  In this topic, you learned how to do that.  You learned about the advantages and disadvantages of renting and buying housing.  Although your first residence away from your parents’ home will probably be an apartment, you are ready to make that decision!  You know how to determine the amount of money you will need for your move and you know about all of the costs included in living on your own.  In addition, by completing this module, you will be prepared to buy a house later in life if you decide to.  You can now make informed decisions when considering whether to rent, buy, or lease.

 

 

 

 

 

 

   

Visit the following website for more information about renting vs. buying a house: U.S. Department of Housing and Urban Development