![]() ![]() In the Bay Area specifically, it often makes more sense to buy versus rent given that rent increases are outpacing home price gains. In addition, it's a tax write-off, can be used as a rental income in the future, or can be sold and upgraded to a nicer home after graduating from college and starting a career. ![]() ![]() College students can turn the home purchase into an investment and rent rooms to tenants to help pay for the mortgage so the burden doesn't completely fall on their shoulders. Diana George, founder of The Vault Realty Group, says " There are a lot of benefits to college students who are weighing the pros and cons of buying a home. One of the biggest being that real estate, especially in college towns, can be a great investment. There are a lot of reasons why college students should buy a house in college, if they can afford it.
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