"Why Should I Own My Home Rather Than Rent?"


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A recent Harvard study found that there are behavioral factors that play a role in people's home buying decisions - as opposed to financial factors being the sole motivator. Here is a list of 15 benefits of home ownership that take both into account:
  1. Paying rent is not a good investment.
  2. Motivates you to become a better citizen and engage in important civic activities.
  3. More living space.
  4. A good place to raise children and provide them with good education.
  5. It's a good financial opportunity.
  6. You can select a community where people share your values.
  7. Symbol of success and achievement.
  8. Start building your family wealth.
  9. It's an investment in your retirement.
  10. Owning a home provides tax benefits.
  11. The landlord doesn't have the final say on pets.
  12. Gives you something you can borrow against if needed.
  13. It's a safe place to raise your family.
  14. You don't want to be told how you can decorate your home.
  15. It allows you to live in a nicer place.
Do these benefits sound like something you would be interested in? If so, give us a call or shoot us an email. We would love to sit down and discuss your options. Hope you enjoyed the tips - thanks, and have a great week!