Home Ownership versus Renting

From: "Siedlecki, Mary T." <mts@rti.org>
Subject: Home Ownership versus Renting
Date: Tue, 4 Aug 1998 08:44:53 -0400

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For many years I have wondered whether it was financially smarter to
purchase a home or to continue renting an affordable apartment that
allows me to make tax deferred contributions to a pension plan.  As a
renter, I am neither building equity nor reaping tax benefits.  However,
as a renter, I believe I am able to save greater sums of money than I
would otherwise and I have shown myself to be a disciplined saver.
Also, although I have lived in this area for more than five years, this
was not a given when I first moved to this area.  At this time, it is
much more of a given.  Any comments would be appreciated.  




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