(My Original Blog Post: http://www.lodging-manhattan.com/2009/08/26/buying-vs-renting-in-manhattan/)
I am thinking about buying though the most I could afford with a 100K salary and 20% downpayment is about 300K-400K range. However, it's possible I can rent ($2400-$2500/mo) a better place than I can buy.
Given this economy and real estate plunge should I consider renting and just invest my 20% downpayment instead of having it tied up in an apartment?
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I think given this economy that renting an office suit is really effective. There are many suites available in your area. So why not visit some of them and try if a suit fits you.
ReplyDeleteGood Luck!
Brian
executive office suites