Buy or Rent?

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.

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