Seriously, why would you buy a house when you can rent one? With the present economic status of the United States, people are trying to make both ends meet and because they thought investing on property is not a best option during recession, these home buyers settles down on renting a house, which is actually not a good decision.
Now this sounds ridiculous to you right? Why would you buy a house during recession? And why could you take advantage of it?
During these hard times, people are becoming more watchful on the thing they spend into and same thing with real-estate business. You might need to learn real-estate before you can really explain it. How? Let’s take it one by one.
Prices of these properties are going down. Why? Because people need money. And these property owners are selling their house because they need cash. And for them to sell it quickly, they need to sell in a very low price.
Now, why won’t you wait for the prices to go down more? Well, if you happen to read the guide to real-estate, you can answer this correctly.
The economy of United States is unstable. No one knows when the economy goes up and when it will go down even more. It is shaky and if you do not take advantage of the situation, you might spend more than what you should spend in the future. So while the pot is hot, it is best to strike it.
Now you know why you should buy a house.
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