AZ to CA: Renting versus Buying

There is a good article at Planet Money which outlines some financial ratios to help you determine whether it’s more financially beneficial to rent or buy in the area where you live.  Keep in mind that this doesn’t take into consideration the emotional reasons to rent versus buy.  Nor does it talk about how easy it will be to sell your place when you do want to move.  The ratios say if you’re moving to Kansas City, it’s a better financial decision to buy instead of rent.  But if you were planning to move again in a year or two, consider that it may not be that easy to sell.  They list San Diego, my chosen destination, as a better place to rent than buy.  Another confirmation for me to rent. 

About Donna Stellhorn

Donna Stellhorn helps people read the map of their future, gain deep insight into who they are and helps them create personal spaces that support their goals.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s