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Rent vs. Buy: What’s the Right Decision for You?

Success

They didn’t have the income or credit to buy and struggled with student loan and credit card debt, so it was harder to save for a down payment.”. People wanted to buy homes in 2004 to 2008 because of their unrealistic expectations about price appreciation,” says Palim. Average rents rose 16% in 2021, according to Zillow.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. You can’t expect to live the lifestyle you had while under the protection of a payday every two weeks. This article originally appeared in the September/October 2021 issue of SUCCESS magazine.

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