Beyond the Short-term, Renting Offers No Long-term Security

Home Ownership is Your No.1 long-term investment

Let’s face it, in a world of economic uncertainty, real security is a paid-off home. Additionally, owning a home is your best long-term hedge against inflation and loss of purchasing power. It’s just hard to beat home ownership as an investment.

Stock market investing can be risky and drive years of investment efforts through the floor. Real Estate has proven to be more resilient and stable, plus you get to live in your investment (I don’t think you can do that with Wall Street).

It is a NEW Year, and we had a doozy of a year in 2022, but at some point, a pivot occurs, or the whole house of cards blows away. My money is on an interest rate Pivot.

Read the Original Article Here: Avoid the Rental Trap in 2023

About the Author
Owner and founder of ARG. In 2003 Mike, who enjoyed a 20-year career in semiconductor wafer fabrication, joined his wife, Jenee, to form the Askins Realty Group. Mike, now with over 20 years of being a top producer, is fiercely independent with the drive of an entrepreneur, and a level of Real Estate knowledge, experience, and sales volume few ever achieve.

Mike, a resident of Sherman, TX, can handle your buyer and listing agent needs with our lower-cost and immensely competitive Realty Business! With nearly Two Billion in sales and a unique knowledge of the Dallas Fort Worth Metroplex, you'll have a real estate warrior in your corner.