You are correct that home prices are still quite low in TV and so are interest rates. What you need to decide is whether your carrying costs, eg mortgage, taxes, insurance, lawn, amenity fees, maintenance fees, bond, and utilities will be less than what the home value increases. In other words if it costs you $15,000/yr to own a home, will the home value increase more than that? If you rent it out you could certainly reduce the burden of the carrying costs
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