INVESTOR INTELLIGENCE
Invest in yourself
And buy a home
B
uying a home is more than just acquiring
a roof over your head, it’s also a solid
investment.
It doesn’t matter if you intend to rent or to buy
property – either way you will be paying for where
you live.
Buying a home instead of renting, makes more
financial sense in the long term. Home ownership
is a passive way of building a financial platform for
yourself so in essence, investing in buying a home is
actually investing in yourself.
While there are sound emotional and economic
reasons for both renting and buying a home,
investing in home ownership does represent a
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Residential Handbook 2014
long-term commitment to creating f inancia l
stability for yourself.
Renting is a good option when you want a
“lock-up and go” lifestyle or when you’re young and
haven’t quite decided about putting down roots or
even where you want to live and how you want to
do that living.
So the decision to buy a home is, in effect, a
question of what life stage you’re in and how you’re
choosing to acquire f inancial assets. There’s no
“should” or “must” about it.
The one significant advantage of buying a house,
however, is that it’s a passive way of creating equity
- or a financial stake - for yourself. It’s called passive
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