Which is more cost-effective to rent or buy?

Whether to spend a lot of money to buy a house of your own at one time, or spend a small amount of money to rent a house every month. Everyone has different understandings and ideas about this.

I think it is better to buy a house. I think that although I spent a lot of money, the house is my own, and it seems that I spent less in the early stage of renting, but my life is too unstable. At the same time, now similar to renting a house in Huangshan, the cost of renting a house is not very low. While the house price is rising, the rent level is not much lower. In contrast, why not tighten your belt and buy a house of your own? And I won't encounter an unstable life. After all, the rented house is the landlord. The landlord can't say which day you will sell the house. Your house is about to be repossessed, and you have to embark on the road of distressed rent-seeking.

People who choose to rent houses think that even national policies have begun to encourage renting houses. In the face of high housing prices, renting a house allows people to live in a spacious and practical ideal house in advance and enjoy life. It can also save a lot of family funds for investment, wealth management, shopping and tourism, and improve the quality of life.

Buying a house or renting a house depends on everyone's environment. But specific to a city, a certain state of life, then there is a difference. There are many factors to consider here, including but not limited to: marital status (single, married), household registration type (no local household registration, local collective household registration, or local household registration), children's status (childless, with children), and life planning (short-term residence or settlement).