BUS 215 Week 3 Discussion 1, Renting vs.
Buying
Consider whether renting or buying a home is the best
approach to achieving your long-term financial goals. Use
the text concepts, tools, and various data (housing rental
costs, home sale prices, mortgage rates, etc.) available to
youin your geographic area, and your current and future
financial condition to analyze your rent or purchase
potential. Suggested websites include About.com:
Apartment Living/Rental and Texas Apartment
Association. Remember to account for any future
increase/decrease in costs, mortgage debt, closing costs,
insurance, appreciation or loss, taxes, etc., related to your
decision. Determine which would be best for younow and
in the future. Post to the discussion board a 200 word
summary of information gathered, as well as your decision
based on this information. Respond to at least two of your
classmates’ postings.
Buying
Consider whether renting or buying a home is the best
approach to achieving your long-term financial goals. Use
the text concepts, tools, and various data (housing rental
costs, home sale prices, mortgage rates, etc.) available to
youin your geographic area, and your current and future
financial condition to analyze your rent or purchase
potential. Suggested websites include About.com:
Apartment Living/Rental and Texas Apartment
Association. Remember to account for any future
increase/decrease in costs, mortgage debt, closing costs,
insurance, appreciation or loss, taxes, etc., related to your
decision. Determine which would be best for younow and
in the future. Post to the discussion board a 200 word
summary of information gathered, as well as your decision
based on this information. Respond to at least two of your
classmates’ postings.
