Why should you buy your own Boston condo? Owning a Boston condo has many financial benefits. Lets look at the benefits of owning a Boston condominium:
- Owning a condominiums is a form of forced savings. Every time you make a mortgage payment a portion goes towards principle.
- Home ownership has tax savings, even with President Trumps new tax bill.
- Owning a Boston condo locks in your monthly housing costs unlike rent that can increase dramatically year to year.
- Buying a condo is cheaper than renting a condo.
- Purchasing a Boston condo is an investment you can live in.
- A Harvard study showed that a home owner has a 44x greater wealth than that of someone renting.Back to Boston condos for sale homepage
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Updated: December 2017