
Buying a house vs. renting a house These days the real estate business is growing at an astonishing rate. There have been a lot of sudden boom in this field. A lot of people have a confusion regarding the question that “whether to rent a house or buy a house?” So there is a need to answer this question. Experts from Bhoomi Associate have come up with a point wise explanation of the difference between the two. Read on: o Investment : Buying a residence is one of the major investments in a person’s life. It is an asset that can also turn out to be a resource of additional earnings for you. If you purchase a home and decide to leave it, you can rent it out rather than selling it and make a regular income. o Psychological Satisfaction: The delight of owning a home is unbelievable. It brings along a sense of safety and fulfillment, home is an asset that can stay in the family for generations, plus point being t...