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Rent vs. Own: A Real Estate Reality Check for Navigating Booms, Busts, and Bad Advice Paperback – March 21, 2012
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"Author Jane Hodges takes a truly balanced look at an emotional subject, and offers plenty of tips to keep you above water-in terms of your money and your sanity-whether you choose to own or rent." -- Mint.com
"If struggling with the big rent versus buy question, this book is for you. Even the most dedicated HGTV-addict will discover tips they've never considered before. Before you visit one more open house or write one more rent check, read this book! -Kimberly Palmer, finance columnist for US News & World Report, author of Generation Earn
"Author Jane Hodges takes a truly balanced look at an emotional subject, and offers plenty of tips to keep you above water-in terms of your money and your sanity-whether you choose to own or rent." -Mint.com
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Top Customer Reviews
This book is a good start. It's a good one to read before you've looked at a home, pre qualified for a mortgage, or selected a realtor.
She also provides some good tips for first-time buyers. She suggested looking for community-sponsored home-buyer benefits, which I did, and found that I qualified for over $5k in community assistance, despite being single with a stable and comfortable income.
I would have liked to see more analysis on ways to optimize an ROI, such as taking in a roomate. Even without this, Ms. Hodges provides an interesting and thoughtful framework in which to evaluate this huge decision. For me, after all was said and done, I opted to continue renting, preferring the mobility of rentals to the fixed nature of home ownership (something Ms. Hodges addresses at length in the book).
Don't listen to your inner child, your mother, or that realtor who drives a car with a bumper sticker that says "Now. It's the time to buy." You can do your homework and make the right decision for you.
Most Recent Customer Reviews
This book was so boring I couldn't finish it. The author seems to tell both sides but according to this book both sides are equal.Published 23 months ago by HC
The author provides some needed & reeeeally helpful thinking about how to handle one's own housing & in post 2008 terms. I thank her for this.Published on August 12, 2014 by Person