Better To Buy Or Rent? - Tightwad Nation - Is Your House A Good Investment?


Financial wake-up call Is It Better To Buy Or Rent?: The New York Times has a nice calculator to help you get a general idea of whether it makes more sense to buy or rent.

Tightwad Nation: An interesting interview with George Loewenstein (professor of economics and psychology at Carnegie Mellon University) who has come to the conclusion that “People who underspend are just as irrational as compulsive spenders — and just as miserable.”

Will You Be Able To Live Off Your House: A new report shows that residential housing (not investment properties) have had a measly 1.36% annual return over the last 30 years. Thin the real estate market has been hot the last 5 years? The annual return during this time was 1.39%.


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Reader Comments

I loved the links that you posted! The articles were interesting, and the New York Times rent vs. buy page will give me countless hours of enjoyment.