Home › Forums › Housing › Masses believe market will rebound, sales flat › Steve Beebo, I still don’t
Steve Beebo, I still don’t get your logic.
You can rent beautiful condo downtown for $3000/mo or buy it for $6000/mo (interest only loan + taxes + HOA, net of tax savings).
Even if you don’t save the difference, if you rent, you have $3000/mo to indulge yourself, go on vacation, buy a nice car, have a nice life.
I think that in this case, the renter is clearly ahead of the buyer.