10 reasons to buy a home

September 16, 2010 at 4:48 pm Leave a comment

Has home ownership become out of fashion? We don’t think so, as it might feel the closest to the security of a roof above your head. But let’s see what the Wall Street Journal and TIME magazine have to say.

WSJ contradicts TIME magazine’s cover, which states: “Rethinking homeownership. Why owning a home may no longer make economic sense”. Of course, in terms of economy, this is somewhat true. But let’s face it, we have to begin trusting again the real estate market.

Let’s see WSJ’s reasons of buying a home.

1. You can get a good deal.

2. Mortgages are cheap.

3. You’ll save on taxes.

4. It’ll be yours.

5. You’ll get a better home

6. It offers some inflation protection

7. It’s risk capital.

8. It’s forced saving

9. There is a lot to choose from

10. Sooner or later, the market will clear

Either way you look at it, a home is a good investment in the future, you will definitely feel “at home” and of course, now there’s a lot of supply to choose from.

source: wsj.com


Entry filed under: Housing, News, Real estate, Tips. Tags: , , , , , , , , , , , , .

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