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Should Young Couples Buy or Rent Their First Home?

By | Blogs, The Friday Brief | One Comment

During lunch yesterday my son Sam, who is getting married soon, asked if it would better for the new couple to rent or buy their first home? He had given considerable thought to the subject in recent months. As a renter since college, he felt like he was throwing his money away; money that might instead be applied toward equity in a home comparable to or better than the one he and his new wife might rent – increasing their wealth rather than draining it. After agreeing with and complimenting his reasoning, I shared a few additional issues to consider. One of the most

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