Thread: buy or rent.
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Old 06-17-2014, 10:26 AM   #23
sonick
Willing to sell body for a few minutes on RS
 
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This calculator does a good job in laying out the financials of buying vs renting... of course there are tons of intangibles that go along with it, but financially/logically this is a good place to start.

https://drive.google.com/uc?export=d...lp2Q0kya1Y0akE

Source: Swan song ? Greater Fool ? Authored by Garth Turner ? The Troubled Future of Real Estate

Also, no offense but having a realtor discuss a pros and cons list of owning vs renting is akin to asking a car salesperson the pros and cons of buying a new car.
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Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
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