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RE: Raw Broccoli Salad with Chickweed, Rocket, and a Berry-Jam Vinaigrette

in Foodies Bee Hive8 months ago

I think rental is the biggest factor depending obviously on your business. At least, in the Cape, it does not matter where you rent, it is so expensive. I laid my dreams to rest (for a while) when I started to calculate how much I need to sell just to cover rent.

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Owning at least you are able to pace spending to a certain degree, it does bite you once you decide the time is right....

For sure yes, but you need a vast amount of capital to invest in property and equipment. Helps if you have investors, but double-edged sword, as same investors will want return on their investment.

Property is always a double-edged sword, owning a home is most definitely better than renting over the years.

My fiance says the same thing and she does not want to rent. If you can find the perfect home or piece of land, you will end up paying similar in down payment/loan as rent, so in the long run if you find the right place always better to buy than rent.