Rich Americans Ditch Home Ownership For Renting: how would you spend $11,000/mo?

Rich Americans Ditch Home Ownership For Renting:

How would you spend $11,000/mo?

The slot machine investment vehicle approach with real estate has certainly played a large role in our current economic crisis.  It’s time to get back to basics as to the why of owning a home since the days of double digit appreciation are long gone which is what perhaps some people are still hoping for….

Personally & not necessarily in this order, I’ll take my small mortgage interest deduction, pride of ownership & not having to check in with a landlord to personalize my living space over renting.

As with most choices, there are pros & cons with renting vs. owning.

If you had $11,000/mo would you spend it on renting, a mortgage, starting up a business or…..?

Rich Americans Ditch Home Ownership For Renting

Posted by:

Cheryl Bower, Realtor CRS, GRI, ABR, ePro
Cell/Text: 415.999.3450
DRE #: 01505551
Zephyr Real Estate

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About Cheryl Bower

Cheryl is a S.F. native & 17 year property investor/renovator, specializing in S.F. real estate including residential sales & leasing.

She represents sellers, first time buyers, move up buyers, investors, & landlords in San Francisco, San Mateo County & beyond.

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