Talk of The Villages Florida - View Single Post - Renting vs Buying in TV?
View Single Post
 
Old 12-26-2018, 09:03 PM
Toymeister's Avatar
Toymeister Toymeister is offline
Platinum member
Join Date: Sep 2016
Posts: 1,766
Thanks: 364
Thanked 2,449 Times in 779 Posts
Default Consider demographics

I would buy, here is why: The baby boomers started in 1946 but peaked in 1957. Those boomers will be 62 next year. In 2023 they will be 65. The demand for homes will continue at an accelerated rate for birth years 1958 -1964 Presumably, home sale price will exceed inflation based upon this demand.

As a rule, though, not all homes pay for themselves as rental income properties. Designers vary from 1500 to 2100 square ft. The spread in purchase price can be dramatic but the rent price... Not so much. In large part of depends if you handle the property as a business , or a hobby.

Last edited by Toymeister; 12-26-2018 at 09:11 PM.