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Housing Costs The Case for Buying by Sylvia Porter
The piece argues renting vs owning favors buying over the long run, detailing inflation hedges, tax deductions for mortgage interest and property tax, and the forced savings of mortgage payments. It notes risks of stocks, high living costs, and outlines advantages of homeownership as well as rent’s drawbacks, promising a forthcoming column to wrap up the report. It cites past U S and British law enforcement alignment on Yugoslavia as a dated placeholder context.
MENTIONED IN THIS ARTICLE
Sylvia Porter
New York
Majoria
Colin
Rome
Congress World
Apartient
Stoke
Ily