Buying a home still makes sense, but becoming a homeowner before you’re ready can have costly consequences. How much you have saved and how long you’ll stay in one place are the biggest factors in deciding whether you should rent or buy.
Just as the Great Recession hit homeowners with a mighty wallop, it also took a toll on rentals, with bad news for landlords and tenants alike. According to the Joint Center for Housing Studies at Harvard University, vacancy rates reached a new high of 10.6 percent in 2009, with a growing portion of renters unable […]
If you could live anywhere in the United States, where would you choose? If you’re reading Money Under 30 and you are in fact 20-or 30-something, you probably can’t afford a mansion, and that’s okay! Part of starting off right is living in a place that you can truly afford and saving up money. Let’s […]
If you’re a college student, recent grad, or anyone living in a big city, you’re no stranger to sublets: Apartments that one tenant subleases to somebody else, often for a short period of time (such as a summer break). Although the concept of a sublet is simple: somebody renting a sublet pays the rent instead […]