With the traditionally busy spring real estate market almost upon us, we thought we’d re-ask that eternally burning question: Is it better to rent or to buy-slash-own in the Boston area?
We re-ask because neither prices nor rents show any signs of really dropping significantly—even as new developments pop up like sunflowers in a Dorchester front yard. Perennially high demand continues to gobble new supply, in other words.
So! Is it better to beg, borrow, and steal (or something like that) to buy? Or to rent in hopes of an opening down the road or just because it’s cheaper in the short term?
After all, you never know what might happen.
Sound off in the comments section below.
- Boston real estate this spring: What to watch for and expect [Curbed Boston]
- 12 Boston developments set to transform the city [Curbed Boston]
- The pessimist’s guide to Greater Boston real estate in 2017 [Curbed Boston]