Buy or Rent?
08/29/08
I was doing some calculation about buying a house. Then I read an article which really helps us to decide whether to buy or rent a place.
These are what I found out:-
- If our salary is enough for us to make mortgage payment, then we buy, if not we rent.
- If we planning to stay at this area for a while then is better to rent, if permanently then good to own a place.
- If it is recession time, it is better to rent.
- If the cost of living here is average buying a house is an option.
If your decision is to have your own place, you can get a free mortgage quotes online.
Personally, I wanted to rent a place but William wants to buy, so we see how it goes. Hope to find a place soon.





