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