Staying long-term in NYC? Buying a home beats renting

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The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying are more varied and complicated than for renting, making it.

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9 times renting is smarter than buying a home, according to experts.. You won’t live in the home long-term .. president of the New York-based real estate brokerage Citi Habitats.

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In much of Manhattan, it would take a decade or longer for buying. Manhattan, yet they're still so high that renters may want to stay put.. “There are a lot of expensive homes on the market and it's hard to build a case for long-term price. In Brooklyn, buying beats renting in almost six years in Park Slope,

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Answer 1 of 9: I am looking for a reliable site, agent, organization, etc. to assist in finding a long term rental in the nyc area.. long(ish) term Rentals – New York City Forum. height of the season!) for at least 6 weeks (and another 3 months post-release). I have the option of staying.

Because there is excess demand looking to buy property for lifestyle and capital. for half the population living in expensive coastal cities such as SF, NYC, LA, San.. and I no longer want to spend so much time managing rental properties now.. may experience appreciation years down the road..beats I think buying gold,

“When I sold my first startup, I bought a home for my mom in Vancouver” Taggar recalls. It was payback for when she let him remortgage her old house while he was in college to buy a condo in Mumbai he.

NEW YORK – The housing crisis and ensuing recession are long over, but that doesn’t mean it makes more sense to buy a home than it does to rent one.

"I make well over 40 times the rent," Fahi replied. "What’s the hesitation?" The problem, the managers told Jude, was that Fahi only had five trade lines – long-term payment plans. to stop renting.

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