There are a number of reasons for wanting to buy a home over renting and most are valid. But some people may feel pressured to buy a home by friends and family, who may claim you are simply throwing your money away when you rent. Is this really true?

I teach a class once a month about how to buy an apartment in NYC and in nearly every session, I get a question on whether it's a good time to buy a home. 

So...is it?