Buying and renting a house

Is it better to buy a house or rent a house in this day and age?

Each has its own advantages and disadvantages

The biggest difference is the down payment.

When we were still living in the suite space

If you have a down payment, you can buy a suite

Would you choose to buy to live in, buy to rent to someone else, or continue to rent?

The pros and cons of renting

You can change the rental place at any time according to your work needs~

The location, style and design will be different for each room

There must be people who want to say that renting a house can't afford to buy a house until old age.

Although the house can be sold, someone has to buy it to make money. Who wants to buy a fifty-year-old house? , Now the houses are almost all buildings, and the value plus land tax, decoration and bank interest may be getting higher and higher, if there is no demand for marriage, why buy a house? It's not worth it to help the landlord with the house

All fees paid are costs~

The pros and cons of buying a home

Have a fixed residence, don't worry about the landlord increasing the rent or not renting

Whatever style you want to decorate, you can do it as you like

When you come home from work, you will be spiritually satisfied~

Will someone be willing to buy a house when it is getting older?

Homes get old and there are a lot of maintenance costs involved in buying a home

Except for interest and maintenance costs, other loan types are regarded as investments.

Simple calculation of the difference between buying a house and renting a house

With a 30-year loan interest rate of 1.375%, a house of 5 million is purchased, the down payment needs to be 1 million, and a monthly payment of 17,000 (principle of 11,000) is required, assuming 10,000 rent a month 5 If you quit the lease after a year, you will pay a total of 600,000, which is equal to the cost of 600,000 in renting the house; if you buy the house for 5 years and then sell it, even if there is no price increase after 5 years, you will sell it for 5 million, but deduct 1.7 per month. 10,000 loan, can get back 660,000

Summarize

Whether it is renting or buying, buying a house is a major decision in life. No one wants to buy a house that will make him uncomfortable (leakage, bad neighbors, noisy), and spending a lot of money is to buy a house worthy of the name and value for money. , From another point of view, if the house price rises from 400,000 yuan per ping to 600,000 yuan in the future, the money earned will always be the landlord, and the renters are just helping the landlord to pay the mortgage. The most important thing is to find a way to give birth to the down payment!!!!