Traditional Culture Encyclopedia - Tourist attractions - Is it better to rent or buy a house?
Is it better to rent or buy a house?
1, more flexible. When renting a house, it is relatively easy to change rooms because of changes in demand or income. If you travel frequently, renting a house may be a better choice. And living in different places can also help you choose a more suitable area and then buy a house.
2, don't worry about maintenance. When renting a house, maintenance is the owner's responsibility, but with a house, maintenance is his own responsibility. Usually, the older the house, the more you spend on this project. As a homeowner, you need to set aside some funds for unexpected maintenance and routine maintenance.
3. Low expenditure. The rent of the same house may be lower than the monthly payment, and the one-time cost and regular cost of renting a house are lower. Usually tenants need to pay two weeks' rent and two weeks' deposit in advance. The only thing that the tenant may lose is the deposit and the rent paid within a certain period of time.
4. Diversification of investment. If you choose to rent a house, you can use the deposit of buying a house for other investment purposes and choose other more suitable products, such as low risk and quick return.
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