Steadfast FinancesDifference between Homeowners and Renters - Steadfast Finances

Difference between Homeowners and Renters

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Do you think it’s better to rent? Do you think it’s better to buy a home? While there are many who would suggest that buying a home is always the best option, it isn’t as clear cut as it should be. Buying a home means taking on a lot more risk. The recent drop in the housing market has successfully made it harder for people to buy a home (who shouldn’t be buying homes yet). But, it has also forced people to be more responsible with their finances. I was happy to find an infographic that matches this trend. Below you will find an infographic that shows the comparison of homeowners to renters, in respect to debt and expenses. I was surprised to see some of the results.

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Posted by CJ   @   20 July 2012 0 comments
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