Rent or Buy? The Real Question Is, Your Money or Your Freedom?
Filed under: Family Money, Personal Finance
From apartments and cars to clothing and furniture, huge numbers of the “Recession Generation” (20- to 34-year-olds) are choosing to rent their possessions, according to Bloomberg.
It’s understandable — in the wake of the Great Recession, the jobless rate has topped 8% for three years, student-loan debt totals $1 trillion, and among those able to get jobs right out of school, the median starting salary is a measly $27,000. All while the real costs of many everyday goods have risen.
But does…
Rent or Buy? The Real Question Is, Your Money or Your Freedom? originally appeared on DailyFinance.com on 2012-09-18T11:20:00Z.
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