What is Equity?
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Equity was something that took me a little bit to understand. I understood WHAT is was, but didn’t understand HOW it worked. So if you are in the same boat I was, let me try and break it down for you.
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Renting vs Buying
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There is a lot of speculation around what is better- buying or renting. Depending upon what you read, you could make an argument for either. I personally think a lot of the decision has to do with where you are in your life (single, married, working, family) and the market in which you live. There are many markets where it renting is cheaper, so why buy? Especially if you aren’t ready to settle down in one spot.
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