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
ELI5: The price of a house can go up or down. It is only bad if nobody wants to buy your house for more than you paid.
Latest Answers