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DerpyQuokka
DerpyQuokka
EY

Buy or rent house for life?

There is lot of talk about renting a house is better financial decision than buying actually. I personally don’t agree, but considering the exorbitant rate of house prices in Tier 1 cities and also the increasing rate of interest for home loan, maybe renting itself is not that bad choice. What is your choice?

Buying house as it’s provides security for life
Buying house even though it’s emotional decision and it’s a success metric
Will rent for sometime, but eventually buy my house for retirement
Will rent house forever
Will buy house only with full down payment, no home loan
No buying or renting, I will prefer to live in my parents or ancestral house
88 votesexpired
7mo ago
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FluffyCupcake
FluffyCupcake
Amazon7mo

Everything else is temporary, buy vs rent (house) is permanent 🤪

DerpyQuokka
DerpyQuokka
EY7mo

It’s a new concept among Gen Y and Z, I don’t think the boomer and previous generations even wanted to rent a house for life. Infact they didn’t have a choice to buy due to lack of development and opportunities. Only current and future generations are confused with this question.

SwirlyTaco
SwirlyTaco
Salesforce7mo

House will lose value after 10 years. Don't think of it as a investment.

DerpyQuokka
DerpyQuokka
EY7mo

Depends on the area where house is

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