What are the benefits of home ownership instead of renting?
I think the main advantages are you can't be evicted for petty reasons and if you decide to move later you might be able to make a profit on your investment.
You are putting your money into something that is yours and will appreciate in value. If you rent that money goes to someone else and you have nothing to show for it.
And of course you can deduct the interest paid on a mortgage of your primary residence from your taxes and that is huge.
There are a lot of benefits of owning your home, for example when you are renting it is like flushing your money down the drain, while if you own your home you can save money for your future. Also if you own your home, you do your own maintenance which saves money, while if you are renting a home or a flat, you will pay a lot of money for maintaining the whole building and it cost a lot of money. It takes a lot of time and money but its worth it in the end.
Home ownership can be a lot a better. At least, you can continuously do home improvements or renovations. That will be a lot of fun! You can also enjoy your own pool. Travertine pool copings for remodeling should be great for your pool. http://www.travertine-pavers-direct.com … oduct.html
by Tom Vogler4 years ago
What are some benefits of renting instead of home ownership?
by RVDaniels7 years ago
Are there any real work from home jobs,not Internet scams? I have tried a lot and never made any money yet.Thanks,Ronnie Daniels
by Mark E Smith6 years ago
Do people have an unalienable "right" to a job, health care, home ownership?The United States Declaration of Independence states that "all men (all people)... are endowed by their Creator with certain...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.