Get out of Depression: BUY don't RENT

Are you going to sign another lease or call me to buy a place of your own? Millions of Americans ask themselves that question everyday... well, without me in mind anyway. However, homes are still the greatest investment Americans can make to date. In the current market today, there are plenty of reasons to be buying. There's no if's, ands, or big booty's about it. It's clearly black and white, no gray, and I will explain to you why buying is still better than renting besides being depression free!

According to the Council of Better Business Bureaus, Inc. "when you are renting a property, you are waving good-bye to your money each month. Renting a home does not provide tax advantages to the renter. Any and all tax advantages go to the landlord or property owner. Also, monthly payments for renters can be unpredictable, depending on the lease." I couldn't have said it better myself, however, I knew you'd listen to the BBB over my opinion anyday. RIGHT?

Now tax breaks aren't the only thing you get with buying a house and having a mortgage; you have the potential for a TAX FREE captial gain. For those unaware: as a single person you have tax free capital gains up to $250,000 and as a married couple you have up to $500,000. That means if you happen to sell your house above what you purchased the home f0r you will get to keep your profits accordingly. No other investment allows you to do so. Period.

If monetary satifaction still isn't doing it for you, then consider the emotional side: you have the emotional satisfaction of OWNING your own home. When friends ask where you live, you have the rights to say "I bought a house on !" You can have the immediate invitation to work on problems in your home, if that's what you like to do. Improve your home without thinking twice about it. And get this: you can actually add value for yourself, not your landlord.

Reap the emotional value and buy a house today! It's your "get-out-of-depression-free card." This may be the worst kept secret in American history and I'm letting the cat out of the bag.