It's not often that a mainstream media publication taunts renters into buying homes, but that's exactly what Smart Money does in its latest issue. The Smart Money Web site "lead-in" reads 5 (Lame) Excuses for Not Buying a Home. That's a forceful title!
It's unfortunate that renters could feel antagonized by the author's tone because the article raises very good counter-points to the more popular reasons why renters avoid homeownership.
Owning a home is a serious responsibility and does require commitment. However, a renter should not feel bullied or hurried into buying because, for as much as personal economics are at play, personal emotions are at play, too. Both deserve respect.
So, renters: Put your blinders on and give the Smart Money article a read. There's good advice in there once you get past the author's bias.
