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.

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.

Jill Schlesinger

View all articles by Jill Schlesinger on CBS MoneyWatch »
Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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