The question of whether you should pay cash (for those able to) or finance is a complex question that depends on the whole financial picture.
For my situation, rent vs own was a no-brainer, the tax advantages result in a situation where my housing costs are lower than any rental in the region - I could scarcely rent half an apartment for the same - and I have a highly leveraged investment in an are with strong real estate growth.
It's a huge enough decision that consulting a financial planner is advisable.
For my situation, rent vs own was a no-brainer, the tax advantages result in a situation where my housing costs are lower than any rental in the region - I could scarcely rent half an apartment for the same - and I have a highly leveraged investment in an are with strong real estate growth.
It's a huge enough decision that consulting a financial planner is advisable.