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 that you no
longer have to be anxious about being at the mercy of the landlords.
o Absolute Control: Buying a home means that you have a full authority over that particular
property. Do we need to say any more?
Well, Buying is any day better than renting a house but only if it suits
you.
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