Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169
Call: (866) 933-5853 (803) 936-1012 Email Usabberlyvillage017@myltsmail.com View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

West Columbia SC Apartments Blog

Why Buy Instead of Rent? West Columbia, SC

Joseph Coupal - Friday, February 12, 2016

Is homeownership the right thing for everybody? Absolutely not. Is it the right thing for some households who are currently renting? Absolutely. Should every renter be looking for the first opportunity to buy a home? No.

This is all logical. Yet, there's propaganda that suggests that everybody who does rent is subjected to some sort of subliminal or explicit pressure to belly-up to the homeownership bar. Here, Marketwatch reports on a George Mason University economist, who's campaigning for a re-look at the financial and economic value of homeownership in ways that might increasingly favor renting over owning, at least as a financial investment.

“First, it’s not good to have a significant share of your wealth locked into a single asset,” he wrote. “Diversification is better and it’s easier to diversify with stocks. Second, unless you are renting the basement, houses don’t pay dividends. Stocks do. You can hope that your house will accumulate in value but don’t count on it. Indeed, you should expect that as an investment your house will appreciate less than does the stock market.”

For more information on apartments in West Columbia, SC, contact Abberly Village Apartments.

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Abberly Village Apartment Homes

1000 Abberly Village Circle, West Columbia, SC 29169

Call: 866-933-5853
Email Usabberlyvillage017@myltsmail.com
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$952-$1,431