Chasing The American Dream [Infographic]

Years ago, the conventional wisdom was that it was always a good idea to buy your home, no matter your circumstances or how long you planned on living there.  Now the economy has changed and so has the home-buying game.  Mortgages are harder to get nowadays, but that doesn’t mean it’s easier to rent a place, either.

If you’re going to stay in your home for more than five years, you have a stable job, and you can pony up a 20% down payment, it may make sense to buy instead of rent.  That said, there are a lot of personal reasons you might not want to deal with a landlord, so financial issues aren’t always the best gauge.  It’s important to weigh all your options and make an informed decision.

For more considerations in the rent-or-buy issue, check out this infographic.  It’s not an all-encompassing problem solving tool, but it will help get you pointed in the right direction.

Rent or Buy a Home

Chasing The American Dream [Infographic] 2
Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

More from author

Leave a Reply!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related posts



Latest posts

Microsoft GroupMe app updated for iOS with new Community feature – MSPoweruser

Microsoft today updated the GroupMe app for iOS devices with a new feature. The new Community feature will allow you to find other groups...

All-In-One Messenger can merge all your messaging apps in one place

Most of us use multiple messaging apps these days to stay connected with different groups of people. These include Slack for business or work,...

How To Prepare Your Business For Global Expansion

Knowing when it is time and how to take your business to a new level is an important skill for any owner...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!