It is better to rent or buy

It is better to rent or buy

Better to buy

1 House is fix asset and its value increase

2 once u paid off the house. The house is yours and does not need to pay for the rent anymore. The house can pass to your son and grandson saving more money than renting for entire of your life

Living in the globalization era costing us a lot of money. In order for us to survive and fulfill satisfaction, we need to manage our saving prudently. Which consequently lead us to buy the house rather than rent the house. Buying the house is not only saving money but it is bring many advantages to its owner.

Firstly, buying the house is save a lot of money instead of rent it for the rest of your life. Maybe the house costing us a ton of money than paying the rent but there are many available loan we can apply. We rather paying for the loan and bought the house than paying for the rent forever. A survey found than people who buy the house compare to those who rent the house could save about 25% of its money in long-term observation. Buying the house is saving our money and brightening our future son and grandson. The house can be pass to our future generation like our children and grandchild. They will not having a problem to afford a new house to life. Therefore buying house is saving a lot of money than renting the house in a long term.

Secondly, house is a fixed asset and the value rose steadily. Normally a Suburban house can hold more than 100 years and no one can force you from leaving from your own house. In addition, we had the right to do what ever we want with the house whether to upgrade it or change it structure. Meanwhile, the owner will never allow and prohibit us from changing the house. The value of a house is also rose steadily. From our observation, we acknowledge the price of a house increased day by day. Therefore buying a house also profitable. Which the value we can sold the house twice than we buy the house. Moreover, the money we earn can used to afford another prosperous house. Although the house had no longer value and rusty, the house still had the value of a land. Value of a land never fall. Hence, buying a house is a fixed asset and can be profitable than renting a house.

Finally, buying house is better than renting a house. In my modest opinion, buying a house is essential due to high living cost and buying a house will never been a vain. Buying the house could save money and it profitable. Also buying house could bring prosperity and happiness to the owner and his or her family.