Is Buying a House Worth It? 9 Reasons Why the Answer Is: ‘100% Yes!’
Buying your first house takes gumption. You resist splurging on Insta-worthy vacations to save for a down payment. Then hold off on converting those savings into stocks for the latest plant-based start-up your cousin raves about. You fight every temptation in hopes of joining that glorious homebuyers’ circle, and just before you pull the trigger, you stumble upon an infographic telling you renting is actually cheaper — is this struggle even worth it?
The short answer is: yes. We’ve got a long answer for you, too (it even touches on the perennial own vs. rent debate). Here are nine benefits to homeownership that make buying a house totally worth it:
1. Grow with a local community
When you buy a house, you’re not just another tenant swinging through a rental’s revolving door. You’re tethered to a location, tied to a community.
“Buying a home gives you roots. You meet a