Buying versus renting: Use logic, trust your gut (Los Angeles Times)
Story date: 2008-01-11 05:37:57
Added on: 2008-01-11 17:49:29
Question: I am a 48-year-old divorced woman who has been renting for the last 10 years. My friends keep telling me that renting is "throwing your money away." But if I buy, my monthly housing costs probably will double. I wonder whether at my age I would not be better off putting the difference into a retirement account?
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