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Thread: Housing, rent or buy?

  1. #1
    Member mossyhorn's Avatar
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    Default Housing, rent or buy?

    I am moving up to the Anchorage area next spring or summer. I plan on staying for about 3 or 4 years. Would it be best to buy a house or rent? I don't want an apartment I have too many outdoor hobbies and an apartment would be inadequate.

  2. #2
    Supporting Member Amigo Will's Avatar
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    Rent for sure.Some of the nicer area have turned to gettos and it could happen anywhere in that area. Know some folks in the old snob mountain view area that probably couldn't give their place away now.

  3. #3
    Moderator Paul H's Avatar
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    That's a crap shoot. If the gas line ends up going through, the house prices could take a signifigant jump over that time period. On the other hand, the economy could just as likely slow and house prices could start dropping.

    With the first time home buyers incentives the gov. has, and current low interest rates, it wouldn't be a bad time to buy, if you find the right place. And you could turn it into a rental when you leave and just let it pay for itself and turn into a retirement nest egg.

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