The Pros and Cons of Renting or Buying


In the eyes of many, owning or buying a home is a measure of success. But for others, it is not a good move. It will all depend on certain circumstances, your own circumstances. So what exactly can help make you decide? Here are the pros and cons of both sides.

In favor of buying:

  • After paying off your home, it's all yours. The expense of housing is eliminated.
  • Tax credits help balance some of the costs of homeownership.
  • If the property appreciates more than what you have paid in mortgage, taxes, interest, and maintenance over time, you will either break even or earned a return.
  • You can do whatever you want to your house. Add-on to it, paint it, install solar panels, and more.

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Renters Housing Guide


Regularly struggling to pay your rent monthly? Help relieve the stress by checking out these housing programs being implemented by the US Department of Housing and Urban Development (HUD) for qualified applicants.

For all the available HUD programs which assist low-income renters, each has their own distinct benefits, policies, and procedures. Interested? Read on to know more.

Section 8 Housing Choice Voucher (HCV) Program

The most well known and most sought after housing assistance program in U.S., the Section 8 program is locally administered by Public Housing Authorities. It has more than 2,400 housing agencies nationwide to assist low-income households for a specific jurisdiction, whether it's a county, city, or multiple areas of a region.

In this program, beneficiaries pay 30% of their household's monthly net income for rent, and the remaining cost is paid by the housing agency that manages the household or individual’s voucher to the landlord. The Section 8 Housing Voucher program gives the freedom to choose any unit or property that meets the guidelines of the program to the voucher holders. This includes privately owned houses and apartments.

Project-Based Section 8

Next, is the Project-Based Section 8 program. This program gives a rental subsidy which helps pay for the rent of low-income tenants to affordable apartment communities which are owned by private landlords. Here in the Total Tenant Payment (TTP), program residents pay either:


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