The match between renting versus buying. Some say buying is better. Some say renting is the better option. What to do? Is it a personal decision one makes to feel comfortable? Is it a place to just seek shelter? There is no magic answer, but statistically creating credit, equity, a write-off for one's portfolio is in the best interest of long term profit.
Commonly, from clients I hear, "Well, with Chicago taxes going up and the uncertainty I do not want to commit to owning. Plus, I may be transferred for my job."
These are most likely things that will occur, but until that happens (and even if that does happen), purchasing instead of renting will allow you to build equity in that time period. Not only that, but the place you own will also be less…
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