Post
Topic
Board Economics
Re: Buying Vs Renting a Home- Which is the right move?
by
HONDACD125
on 18/05/2024, 15:11:37 UTC
but the freedom and peace of mind in own home is something more valuable I feel.

That's one of the main reasons why a person should have a home of his own. Renting might be okay, you don't need to spend a lot of money and you can get a house to live in even if you are not earning a lot of money, but the problems that one faces when renting a house must be considered as well.

What if you lose your job, and don't manage to get a new job very soon? Some landlords might be good and give you some time to pay the rent, may wait for another month so that you can earn some money and pay the previous dues as well, but some wouldn't do that, they would ask you to evacuate and shift somewhere else, and that is one of the worst things to do if you ask me.