Harvard’s 5 Financial Reasons to Buy a Home

Harvard’s 5 Financial Reasons to Buy a Home

Published & Written by: The KCM Crew on November 17, 2014

Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He also currently serves on the editorial board of the Journal of Housing Research and Housing Policy Debate. Last year, he released a paper on homeownership – The Dream Lives On: the Future of Homeownership in America. In his paper, Belsky reveals five financial reasons people should consider buying a home.

Here are the five reasons, each followed by an excerpt from the study:

1. Housing is Typically the Leveraged Investment Available.

2. You’re Paying for Housing Whether You Own or Rent.

3. Owning is Usually a Form of “Forced Savings”.

4. There are Substantial Tax Benefits to Owning.

5. Owning is a Hedge Against Inflation.

Bottomline…

We realize that homeownership makes sense for many Americans for an assortment of social and family reasons. It also makes sense financially.

Harvard’s 5 Financial Reasons to Buy a Home

For the full article… Visit “Keeping Current Matter” at:  http://www.keepingcurrentmatters.com/2014/11/17/harvards-5-financial-reasons-to-buy-a-home-2/

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