These are the 15 WORST places to buy a home in the U.S. if you want it to increase in value, report finds
As an investment, the annual return on home prices varies widely depending on the local market. And generally speaking, the stock market offers better long-term returns and more liquidity.
However, homes aren't just financial assets. They offer utility as places that you can live in for decades. Owning a property provides some cost certainty to your budget as well, as monthly mortgage payments tend to be predictable and stable over time. This is especially important for people on fixed incomes, like retirees, or people who aren't able to work.
Plus, with home ownership, thousands of dollars that would have otherwise been spent on rent payments goes toward an asset that you will ultimately own and can sell later. And since interest on your mortgage is tax deductible, your annual taxable income can potentially be reduced by thousands of dollars.
Additionally, with a sizable down payment, home ownership can lower your monthly costs compared to renting, making it easier to budget for other expenses.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
These are the worst places to live with asthma in the USThe Asthma Capitals Report ranks the most challenging cities to live with asthma.
Leer más »
GameStop jump 15% premarket and pulls AMC, Bed Bath & Beyond and Hycroft Mining higher with itShares of videogame retailer GameStop Corp. undefined jumped 15% premarket Friday and pulled other meme stocks higher with them, after the company announced...
Leer más »
Arizona's New Law Bans Abortions After 15 Weeks, With Few ExceptionsOn March 31, Governor Doug Ducey signed Arizona's bill banning almost all abortions after 15 weeks of pregnancy.
Leer más »
Kentucky, Arizona move forward on 15-week abortion bans
Leer más »
Ukrainian refugees seek safety in Germany via fraught 15-hour journey“It was scary to leave everything behind. But it was better to do something than to do nothing.” nbcnews traveled with Ukrainian refugees on a train from Poland to Berlin. Most didn’t speak German. Some were ready to sleep. Many yearned for safety.
Leer más »