The math: The house and the eternal question: Buy or rent? | Capital+
Buy or rent a house? It's better to own it! But is it worth it?
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Which is more financially lucrative: buying a house? Or renting? Using an example and numerous graphics, we explain how to make this most important financial decision.
Some are considering buying an apartment or house because they can't find affordable renting. Others want to decorate their home, which is limited in a rental apartment. Still others want to secure their retirement, where they'll receive a much smaller pension instead of a salary. But everyone is asking themselves: Is it really worth it? Which is more financially lucrative: buying a house? Or renting?
The answer is: It depends. How expensive the current rental apartment is, how good the property you're interested in buying is, and whether you can afford to buy a house.
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