Renting or Owning? Marcus Hiles Explains the Answer

Renting or Owning? Marcus Hiles Explains the Answer
Renting or Owning? Marcus Hiles Explains the Answer

You might be wondering, why there’s a preference on this two economic trends? Marcus Hiles, known Environmental Investor points out that, in the state of Texas, being the biggest one on the country, especially on the city of Dallas, people welcome the perks that come along with renting instead of the ones provided by owning. “We’re a mobile population,” he states. “The idea of owning your house for a considerable amount of time – or for the length of a 30-year mortgage – doesn’t seem as attractive as it did one or two generations ago.” Debunking the myth that owners have an advantage when it comes to getting a luxurious lifestyle, CEO of Western Rim Property Services points to research demonstrating that renters come out first on every study. “Families, and singles who rent spend even more time engaging in leisure activities and interacting with their community,” he adds.
Read more: http://finance.yahoo.com/news/marcus-hiles-explains-happier-texas-061434027.html