It’s been an interesting year so far with rampant inflation, the stock market still trucking along, and high interest rates that never seem to come down. You keep hearing the economy is about to crash and we have a mind-boggling 34 trillion in debt but you’re not seeing tons of corporate layoffs. The mainstream media and talking heads kept predicting a recession, but you feel like you are in one right now. Job opportunities seem plentiful but how is everyone still buying these expensive houses in Massachusetts? If your head is spinning; join the club. I get multiple DMs a day on social media asking me “Should I rent or buy in Boston?” so I thought it might be a good idea to hone in on the multiple benefits of renting an apartment in Boston and see if that could help you decide your housing needs.
Is your mind getting cluttered daily on whether you should rent a new apartment, renew your lease, or purchase a home?
My guess is you said yes to this challenge, and that is why you are going to keep reading this article. Even if you answered no to this question, you should keep reading because this article contains some interesting and vital information that might help you save some of your highly taxed life in Massachusetts. Before you decide to grab that packing tape and head to a more affordable state, we are going to give you some great renting strategies that might make you want to stay. For some people, the American Dream is to own a home. However, that may not be the best idea for everyone given their place in life and future potential. Just because you may be under the impression that you are supposed to buy a house, townhouse, or condo it certainly doesn’t mean that you need to. Overpaying for anything, regardless of what it is, is usually not the best solution in life.
Take a moment and think about why you think that you are supposed to buy a house. Does it mean that you have achieved success? That is not necessarily true. In fact, owning a home can be…