Woodhill Homes Blog

The Bend Bulletin has a very interesting article about the housing industry in Bend. It’s not about home sales… but the state of the housing rental industry in Bend.

While the article does bring up an alternative to owning a home in Bend… the truth is still there: you’re renting. I’m not going to say that renting means that you’re practically throwing your money away… but it’s pretty darn close to it.

Mr. Moore brings up the point that more renters in the market + more houses for rent = falling rental prices. And this is certainly true. And while there may be some incentives out there to go the rental route (such as a discounted first month’s rental price or even some free work done on the property if you rent for over a year), you’re still renting… and not owning. I’d much rather put money towards property & a home I could potentially own than one I’m just renting for however long.

Anyway, a nice read for sure and a different perspective on the housing market.

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