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 a home comes with a lot of flexibility and freedom that attractive to nomadic souls as well as those with savings that are slim to none. On the other hand, buying a home can be liberating and, at the same time, stabilizing.

  • 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 buy a house based on the market?

  • Never buy a house based solely on the market. Buy when you檙e financially ready. Even if you檙e financially ready to buy a home, you should still be sure your heart is in the purchase. So, before you make your decision, consider the pros and cons of buying a house. Every payment brings you closer to owning the house.

  • 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.