At some point in nearly everyone's life, they ask themselves the age-old question: should they rent or buy a home? This is, of course, an extremely personal decision in which there is no standard answer. What works for one person's situation won't necessarily be the best choice for someone else—even if they have similar circumstances. The following checklist provides some things to consider when teasing out the pros and cons of the buy or rent dilemma.
Stability
The "buy or rent?" question often seems to arise when an individual envisions settling down and establishing roots somewhere. For many, this occurs when they marry or find a life partner. Others don't feel the pull to put down roots unless they have children. In terms of stability,
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