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Renting as a Way of Life?
Dave Ramsey’s thoughts on renting long-term and not buying a home. Dave thinks it’s financially unwise in most cases and explains why.
The problem is throughout the scope of your life, you’re going to pay more every single year to be a renter. By becoming an owner, you can lock in the vast majority of your expenses and the home goes up in value.
I would not say that renting is a way of life. I will tell you a lot of people get in too big a hurry to buy, and I think renting for a period of time—longer than some people think—is a good thing.
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