Should I buy or rent a house? This is a big question, which has to be answered considering your lifestyle, preferences, investment objectives, family needs, type of employment and so on. A majority of young people start their independent lives, staying in a rented apartment. They choose to buy a house once they have a stable job and start a family. By this time, the property prices would have appreciated big-time, making the purchase unaffordable. This is especially true in metro cities.
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See Also: Should You Buy A House Or Stay On Rent?
Buy vs rent a home is a healthy debate, which has been in existence for several years. Before you buy or rent a house, spare a thought to understand the advantages and disadvantages of each option and take a decision accordingly.
See Also: 4 Things Before Buying A Home
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