Best answer
Whether you choose to rent or buy your homedepends on your financial situation, lifestyle, and personal goals. Both provide you with a place to live and require regular income in order to make the payments. Renting offers flexibility, predictable monthly expenses, and someone to handle repairs.
People also ask
Is it better to rent or buy a home?
Renting also has its advantages, including little to no responsibility and flexibility. However, people often believe that buying a home, rather than renting, is a more financially sound decision.
Should you rent or buy a home in 2018?
Should you rent or buy a home? Prices are surging in both cases, which makes it complicated Home prices are rising faster than rents, which is shrinking the affordability gap between being a homeowner and a tenant.
Should you stop renting and buy a house?
And you檙e wondering if you should stop renting and buy a house too. Your dog wants a yard, your kids want a playground, and you wouldn mind a garage and an office. There only one problem: You aren sure you can afford it. Hold up! Deciding whether to rent or buy always comes down to what you can afford.
Should you rent or buy a home when moving?
This can be particularly reassuring if your job or lifestyle could change in the near future. For example, if you檙e anticipating a location move for a job, a possible change in relationship status, or if you檝e just moved to a new city you檙e still getting to know, renting gives you options for adapting to all the changes that life brings.