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
Should you keep renting or buy a home?
It a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord pocket.
Is it better to rent or buy a house first?
When comparing the two options, renting can often come out ahead, at least compared to the early years of a home purchase. But like the tortoise racing the hare, owning a home is more 渟low and steady,?a marathon instead of a sprint. The virtues of buying grow when you stay in a home for a while.
Is it better to rent or own a home?
However, it’s important to remember that owning a home isn always better than renting, and renting is not always as simple as it seems. Consider the pros and cons of each to figure out whether renting or owning is best for you.
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.