Homeownership: Rent or buy

Homeownership: Rent or buy

I have time and again seen homeownership put a family on a new footing socially, psychologically and economically. Homeownership provides a stabilising influence and serves as an anchor for which all members of the family will be prepared to make sacrifices and endure hardship.

However in today's market we are frequently asked if this is not a good time to rent.