This is Thomas Feng with Bay Area Connect. This week we'll be talking about buying a home vs. renting (ie. apartments) and the pros and cons of each. BTW kind of sick this week but bear with me.
Because lets face it real estate around here is not cheap, this forces many people to rent for the time being.
Did you know this: Young adults are just as committed to becoming home owners as their parents and grandparents before them. Of the 798 young adults (ages 18â29) who participated in the poll, about three in four say owning a home provides a healthy, stable environment for raising a family, and more than two-thirds say owning contributes to their long-term financial goals.
Ref: http://www.realtor.org/rmohome_and_design/Articles/2011/1102_houseandhome_homeownership
-0:11 Current Interest Rates
-0:51 What are the Pros of Renting
-2:36 What are the Cons of Renting
-3:37 What are the Cons of Buying
-4:48 What are the Pros of ...
