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Should you buy or rent if you plan to move within five years?

Por: Los Angeles Times Business May 14, 2023

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Dear Liz: Is it true that if you plan to live in a house less than five years, you are better off renting? Answer: There are significant costs associated with buying and selling homes. In hot markets, homes may appreciate fast enough to offset those costs quickly. In more normal markets, such growth typically takes longer. If there’s a downturn, sellers could incur a loss even if they own the home longer than five years. Also, selling a home... + full article



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