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When renting can be a smart decision
Real Estate

When renting can be a smart decision

Metro ServiceDecide whether or not renting is the best option for your next living situation. ■ Metro Service / Contributed Conventional wisdom suggests buying a home makes more financial sense than renting. In many cases, this is true. However, renting is sometimes a smarter approach than buying. As with any financial decision, all of the options and circumstances need to be weighed before jumping in. Making a major purchase requires doing your homework. The following are some reasons why renting can be more beneficial than buying. You are young. The National Association of Realtors says the typical first-time home buyer is 31-years-old. People who are younger than that and uncertain about

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