I have this impression that it’s seen as a riskier decision to buy a home, knowing you won’t live in it long enough to pay off the mortgage and then sell it when you’re ready to move away, when compared to renting a home. Am I off base on that, and if so, why is this the case?
In: Economics
You also must considerthe risk. If you own a house for 10 years the value will most likely overall increase, even if you are selling at a bad time with a sudden drop in the housing market. If you were to sell after two years, the same sudden drop might cause you to loose money, being worse off than when you started
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