NEW YORK (MainStreet) — That is the
urban question: should I rent or should I buy?
Flashback to 2007 and the answer - from just about every expert - was rent, moron, because real estate is hideously overpriced.
Then the crash came, home prices tumbled by 50% or more in many areas and, suddenly, the obvious answer became: buy, because you will never again see home prices so low along with mortgage interest rates that are at historic 3% lows.
Flashback to 2007 and the answer - from just about every expert - was rent, moron, because real estate is hideously overpriced.
Then the crash came, home prices tumbled by 50% or more in many areas and, suddenly, the obvious answer became: buy, because you will never again see home prices so low along with mortgage interest rates that are at historic 3% lows.
