Brett Arends, Personal Finance Columnist for The Wall Street Journal shares with us a list of 10 reasons to buy a home.

1. You can get a good deal. It’s a buyer’s market.

2. Mortgages are cheap. The lowest rates ever.

3. You’ll save on taxes.

4. It’ll be yours. You want a purple bathroom? Go ahead. You own it!

5. You’ll get a better home. In many places, it’s tough to find a nice place to rent.

6. Protection against inflation. Your mortgage payment remains steady, but rents rise.

7. It’s risk capital. When the economy improves, so will home prices, and you’ll already be in the market.

8. It’s forced savings. You’re building equity, whether you like it or not!

9. There’s a lot to choose from. There are 4 million homes for sale in the US. One is bound to be right for you.

10. Sooner or later, the market will clear. The economy will improve, demand will increase, supply will fall, and life will go on.

And then, of course, you’ll really be glad you bought a home.