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Rent vs. Buy: Not A Slam Dunk
This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.
As mortgage rates drop to the lowest level this year (and pretty close to historic lows), you may be thinking that you absolutely, positively must buy something NOW.
I'm a big proponent of buying a home when the time is right in your life, but sometimes, renting still makes sense. Check out this conversation from NYC's newest and coolest urban planning project, the Highline.
(CBS)
Jill Schlesinger is the Editor-at-Large for CBS MoneyWatch.com. Prior to the launch of MoneyWatch, she was the Chief Investment Officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.
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Jill Schlesinger Jill Schlesinger, CFP®, is the Editor-at-Large for CBS MoneyWatch. She covers the economy, markets, investing or anything else with a dollar sign. Prior to the launch of MoneyWatch in 2009, Jill was the chief investment officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.
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