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Renting property better idea?

Posted on: 01st May, 2013 02:21 am
Why are people so hell-bent on buying a home when renting a property is cheaper and a easier option?
Hi Sarr,

Well, it may be difficult to choose between renting and buying as priorities vary from person to person. However, it is true that renting a property will not lead you anywhere. Rather, if you buy a home, you will actually create an asset for yourself in the long run.

Thanks,

Jerry
Posted on: 01st May, 2013 03:04 am
Hi Sarr!

Welcome to the forums!

If you cannot decide as to which option your should go for - buying or renting, then you can take help of this calculator: http://www.mortgagefit.com/calculators/buy-rent.html

Feel free to ask if you've further queries.

Sussane
Posted on: 01st May, 2013 08:28 pm
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