In retirement is it better to own a home or rent?

In retirement is it better to own a home or rent? from REInsider 
Before the start of the recession, retirement was viewed as an opportunity to enjoy the fruits of one’s labor. If a home is not owned free and clear without a fixed mortgage rate, the fluctuation in rates and other unforeseen circumstances can quickly eat at one’s savings. With all of the possible scenarios that could happen in retirement, some retirees are asking if it’s better to rent a home than own.
In a study of older Americans it was found that those who own their homes are more financially secure and generally experience fewer impediments to good health than their peers who rent. Renters often have difficulty renovating their spaces and have to worry about increasing rents.  There are situations where signing a lease beat a mortgage. Some retirees view renting as a new form of flexibility. Trying out a new location, especially to locate near family, is a common reason for the lifestyle change…

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