Naysyers in favor of women buying
Never mind the housing bubble. Money coach Vanessa Summers says buying a home is the best investment you can make. She is especially emphatic that single women not miss the boat because they are too often waiting for Mr. Right instead of taking control of their financial future.
But aren’t housing prices inflated right now, especially in the metropolitan areas where many singles live? Isn’t buying a home a huge risk to take alone? And, let’s be honest, if marriage and motherhood are still to come, why plunk down hard-earned savings on a little condo you’ll soon outgrow?
Associated Press goes one-on-one with Summers, author of “Buying Solo: The Single Woman’s Guide to Buying a First Home.” At 34, she’s a former stockbroker and fashion model who now gives financial seminars in Los Angeles.