If we learned anything from the housing bubble mess, it’s to take what the mainstream media has to say with a grain of salt and to think for yourself. I’ve seen article and websites that say it doesn’t make sense to buy but it doesn’t take into account the equity and appreciation of the home. On the other hand its common to hear that you are throwing away money when renting. I simply just do the math to see what makes sense. Of course the tricky part is to guess some type of appreciation range but at least it gives you some type of idea. Paying attention to market trends provided on websites like this helps make an educated guess.
