home buyers are cautious when buying a home these days because of the fear of dropping prices. A home buyer should just consider buying what they NEED. The end of month payment may be slightly larger than a rental property, but this is largely deductible from taxes at the end of the year and the rent is not. It has been said that children who live in a owned home have a better chance of staying in school than children who live in a home that's rented!! (interesting fact)

 

home ownership is a good thing. It's good for the economy, it's good for the family and it's a great way to appreciate wealth a little at a time.

 

 

 

For more info:

http://activerain.com/blogsview/2572829/even-in-this-fluctuating-market-there-s-value-in-owning-a-home