Should I buy or rent a home in NYC?
An example of an AI chatbot conversation about buying vs renting in NYC.
I'm trying to decide whether to buy or rent a home in NYC. What do you recommend?
It depends on your financial situation and lifestyle. Buying can be a good investment, but renting offers flexibility.
What are the current market trends for buying in NYC?
The market is competitive, with prices rising in many neighborhoods. It's important to research specific areas.
What are the pros and cons of renting?
Renting offers flexibility and lower upfront costs, but you miss out on building equity and may face rent increases.
How do property taxes affect buying a home?
Property taxes can significantly impact your monthly expenses. It's crucial to factor them into your budget when buying.
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