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Is Tesla Still a Worthy Investment? "Is Tesla still a worthy investment?," asked a friend of mine who read my article which I wrote back in June of last year. A lot has happened since then. Tesla stock has doubled in price and Elon's presence in the media is omnipresent. This guy is one of... Read more

Year 2013: My Favorite Personal Finance Articles It is hard to believe but, indeed, year 2013 is in the box. For stock investors, it was a banner year. Nasdaq finally climbed back to its old highs and other indices performed brilliantly as well. While pundits on the Street may have tried their best to... Read more

That Mutual Fund is Robbing Your Retirement "I don't take risk, so I invest in a mutual fund," said a friend with a smirk. He is not alone. I have known many friends who take pride in handing their hard-earned money to the Wall Street gang. If you are one of the proud mutual fund investors, I am about... Read more

How to Make Money Online Internet has definitely transformed our world. From a street smart's perspective, Internet has ushered a new era of knowledge that was confined in the walls of libraries around the world. It has also made harder for biased journalism to twist facts and control... Read more

How to Invest Money in Any Market [caption id="attachment_4819" align="alignleft" width="640"] photo by: Grant Wickes[/caption] Let's face it, not all investments are made equal. How to invest money is  as much or more important than how to earn and save money. I have known many friends who... Read more

Mr. Money Mustache and Jim Collins: An Interview [caption id="attachment_4746" align="alignleft" width="640"] ....photo by: timmycrockery[/caption] Mr. Money Mustache is the Babe Ruth of the early retirement zealots on the blogosphere. His fiery style with a touch of badassity has inspired thousands around... Read more

Tesla Cars: Why Investing in it May Make You Rich The investor of today does not profit from yesterday's growth. -- Warren Buffett If you are wondering, the title indeed  is dubious. And that's by design. I am not suggesting that buying a Tesla car may make you rich. At the hefty price tag, it can certainly... Read more

Is Apple not Paying its Fair Share of Corporate Taxes? Apple has been in the limelight again, but this time Steve Jobs is not around to vindicate it from tax avoidance allegations: It is accused of not paying its fair share of corporate taxes. Uncle Sam wants sweeter Apple as he is hungry. Common sense is uncommon... Read more

Life's Like a Football Game The biggest diverse, invasive or pervasive culture that human kinds knows is football and I love the fact that at the altar of football human kind can come worship and celebrate. -- Former Newcastle player Andy Harper Football is an amazing game. The thrill... Read more

Don't Die Like an Idiot: Create a Living Trust I confess that the title of this post is bit denigrating, but you will like it once you read this article in New York Times. We avoid thinking about our death and our taxes -- both are inevitable! Roman Blum, a holocaust survivor, left $40,000,000 estate... Read more

How to Build Wealth: A Do it Yourself Guide Investing is intimidating for most of us mere mortal souls. With so many ways to invest -- and so many products to choose from -- it has become a task as difficult as a task for a kid to decide which candy to buy from a candy store. We often ignore the hidden... Read more

The Fetish of Consumerism It is by the goodness of God that in our country we have those three unspeakably precious things: freedom of speech, freedom of conscience, and the prudence never to practice either. -- Mark Twain The assault on saving,  by our media,  is a common phenomenon.... Read more

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Should You Rent or Buy?

Category : Personal Finance, Smart Investment Ideas

Visualizing and sharing data has become increasingly important for any business seeking competitive advantage over its rivals.

It’s equally important for bloggers to use visual BI tools to share vital data with their readers, so that they can make smart financial decisions.

This is my humble effort to provide visualization for those who are fighting mental battle to decide if buying a home or renting the same home makes financial sense.

Elsewhere:
Rent vs Owning Your Home @ Jlcollinsnh

Is it Necessary to Buy a House? @ Work Save Live

How to Decide whether to Rent or Buy? @ Financial Samurai

The Smart Money Debate: Renting vs Buying @ Careful Cents

photo by: Phil Sexton
Data set: Zillow

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Comments (10)

I knew Michigan would get nothing but green!

lol :)

love it! We should have rented when we lived in Indiana for 2 years….. we expected to stay longer:)

Agreed. In most cases, it makes sense to buy if you think that you are going to live in the area for 10+ years.

[...] 8. Should You Rent or Buy? @ Street Smart Finance. [...]

I think it totally depends on what your plans are. If you know that you will be moving and don’t want to have to deal with selling a home then rent. But, if you will settle for some time then buy. You’ve got to deal with repairs, insurance, etc. but that goes along with home ownership.

[...] Should You Rent or Buy? | Street Smart Finance on Street Smart Finance [...]

[...] Should You Rent or Buy? – Street Smart Finance [...]

[...] Should You Rent or Buy? | Street Smart Finance on Street Smart Finance [...]

Right now I would say its a good time to buy renting is more expensive than owning.

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