Pros and Cons of Buying vs. Renting Apartments
Advantages of Buying
- Home is an asset
- As a homeowner, you can enjoy freedom
- More stable living helps to you build strong community ties
Advantages of Renting
- Low cost living ( no maintenance problem or repair bills )
- You can move out at any time
- No property tax problem
Disadvantages of Buying
- The value of the property will vary, it depends on the real estate market condition.
Disadvantages of Renting
- Limited uses of living space / Home owners not allow renters to personalize home
- No stable living
For more information on this ,Read the article : Pros and Cons of Buying vs. Renting Apartments