homeownership
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Survey: Is It Better To Rent A Home Or Buy?
One in four Australian households now rent their homes in the private rental market. Flexibility and lifestyle are key reasons some choose to rent even if they can afford to buy a home.
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Want To Be Happier? Live Closer To The Stuff You Want To Do
The next time you’re apartment or house hunting, don’t start by looking for the perfect building or home. Instead, look for the places where you’d like to spend your time — gyms, libraries, restaurants, and so on — and pick a home as close to those amenities as possible.
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Decide How Much Home You Can Afford With The 25% Rule Of Thumb
One big lesson we learned from the housing crisis: Don’t buy more home than you can afford. There are a handful of rules for figuring out what that amount is, but this one considers the additional costs, beyond home price. With this rule, all of your housing-related expenses should be no more than 25 per…
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Follow The Five Year Rule To Make Sure You Don’t Lose Money On Your House
Most houses don’t come cheap, so if you’re looking to buy, you want to be smart. And typically, the longer you plan on owning the home, the better. Personal finance blog MoneyNing explains why, suggesting the “five-year rule” in the process.