Homeownership is often reviewed as the "safer" long-term bet for those who plan to stay in one location for .
Liquidity; home sale proceeds can be invested in mutual funds or annuities. When to Consider Buying rent or buy in retirement
: You aren't at the mercy of a landlord's decision to sell or raise rent. Homeownership is often reviewed as the "safer" long-term
: If the home is paid off, monthly costs can be significantly lower than market rent. landlord handles repairs. Equity/Wealth
Rising property taxes and unexpected repair costs on a fixed income. Exposure to annual rent inflation and lease non-renewals. Full responsibility for all interior and exterior upkeep. Maintenance-free living; landlord handles repairs. Equity/Wealth