Real estate anti-inflation / buy a house or rent?
Which is better to buy or rent? Such thematic discussions have often been discussed since I was young. Whether it is among my peers or in the public media, such topics can always attract everyone's attention. Living accounts for a large part of it. In life, you can buy less clothes and eat less food, and don’t buy a car to take public transportation, but living in this area, whether it is buying or renting, is a necessary expense.
Remember ten or more years ago? It is widely spread in the media that renting a house is better than buying a house, because it seems that renting is cheaper and more cost-effective. Living in a house of the same level, enjoying the same level of environment, without having to tighten your pants pockets to live, why not?
But after 20 years, I must say that if you have the ability, buying a house should be better than renting a house, because real estate is anti-inflation, not only anti-inflation, but also the long-term upward trend of house prices. Accumulating a value-added wealth will not allow us to never catch up with the rising house prices and afford it.
What's more, the mortgage loan can be taken for 30 years now, and the pressure of monthly repayment is much less. When we buy a house, we should not only put the word debt in our heads, but think that it is an asset that can resist inflation and even increase the price. , it'll make paying the mortgage a little happier, won't it?
Of course, although buying a house is better than renting a house, there are still prerequisites. You can’t buy a house indiscriminately. Next time, I will discuss the house I think you can buy ^^
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