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Invest or own your home?
The only investment class open to the average Joe that's done better has been property, and then only if you know where to buy. That's not something I handle. Personally, if you've seen the cost of real estate in NYC, you'll know why I rent.
Bob[/QUOTE]
Isn't it better to own your home than play the markets? Didn't a report just come out with statistics on overall wealth, race, and homeownership? My point is...should I be saving money to own my home, or rent and invest money instead. How are you calculating the break-even point here, with all the risk of the market?
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