Monday, November 2, 2009
8 reasons why you shouldn’t buy a house
If you have been trying to decide whether to buy or rent, you know there is no easy answer. The decision depends on a variety of personal factors, including your finances, geographic location, and life situation. Before it became obvious we were in the midst of a housing bubble in 2007, conventional wisdom portrayed home-ownership as a sure-fire investment. Home values that were widely expected to continue rising and loose, plentiful credit clearly attracted many who were not really in a position to buy.