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PrintBuy vs. Rent
Feb 23 2012
| 0 Comments | 1867 Views
Before buying a house this is the most important choice you face. Depending on your circumstances either renting or buying may be the best choice for you. See our chart below for pros and cons for renting and buying. If you decide to buy then continue below.
| Renting | Buying | |
| Pros |
Move when you wish No initial capital requirement Protected frommarket downturn No maintenance worry No recurring fee(i.e. insurance) |
Living your dream Capital gain in a rising housing market Tax benefits |
| Cons |
Paid rent doesn't yield return Vulnerable to future rent increase Abide by landlord's policy |
Down payment is a big financial outlay Less flexibility if you need to move fast Equity loss in a declining housing market |
ResidenceBuy.com
- We are an all-in-one Indian real estate portal that provides useful information to simplify
the process of buying and selling homes. We provide most up to date
advice on existing and future opportunities in the local property market.
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