The Cost of Owning a Home

You can have certainty by being a homeowner. Sure, the landlord could raise your rent. But once your rent is raised, you pretty much know that for the next year, your monthly payments are exactly what your rental agreement is. And in fact, you might be able to negotiate a two year or three year rental agreement with your landlord. So I think if you're concerned about having a steady, predictable housing cost, homeownership is the last thing that you'd want to consider.