RENTING VS BUYING: WHAT’S YOUR CHOICE?
Renting VS buying is a debate that has no end. It has no universal answer that can satisfy all. Owning a home is a dream of the majority of people. But either of the options has its own pros and cons. The evaluation of the advantages and the responsibilities that come with either helps figure out whether to rent or buy a home. By comparing different aspects of each, one can decide which suits him the best. Here are the pros and cons of home rentals and home buying to help you conclude. RENTING A HOME The property rates are constantly increasing, and so home rentals are more preferred by millennials. Without blocking a massive chunk of funds, one can get a desired home with the amenities by renting. The pros and cons are discussed below: PROS OF RENTING A HOME If you plan to rent a home, the benefits are: Low costing As compared to buying, renting is inexpensive. There is no need to invest an amount in a down payment or even seek a mortgage. Home rentals are the best option as it involv