Better to rent or buy a home? Quick summary:
My wife and I will be relocating to Dallas this summer where I will be picking up a few more ratings and then instructing to build some time. She has a pretty nice job lined up and we would both like to stay in the DFW area longterm if possible, but at the same time, I recognize that it may not be possible as I work my way up the aviation ladder. The real issue is if we should plan on renting until I have a potential longterm position or if it would be better to just buy the house (first time homeowner) and then try hard to find work in the area or somewhere that I could commute to. Is this a doomed plan? I would really like to buy a house, but at the same time I don't want to handicap my career because of it.
I don't know how much information I can expect on this topic, but surely some other people have faced a similar situation. Any thoughts? Tips? Thanks in advance. |