Monday, May 7, 2007

A contrarian's view of buying a house

I read this article today on MSN about how investing in stocks is better than buying a house. An interesting view point. I think he has a good points but there are other reasoning for buying a house besides financial. Give the article a look.

While I have never believed that renting is like throwing your money away it would be nice to be able to paint or customize my house. There is no point to improving my rental property because that would be throwing money away while doing some small improvements to a house might improve its value or at least you know that its yours and you can take pride in the improvements you make.

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