Renting is really great for young families, newlyweds, or single people. If you don’t want to put down any permanent roots, then consider renting a great apartment in the city. You can always move if you don’t like the location or if you decide to take a new job in another area of the country. Renting gives you a lot of freedom that buying doesn’t allow. Plus, you won’t have to worry about maintenance. For example, if you live in Miami and you want to rent a condo by the beach, all you have to do is search for places that are under the care of property management companies in Florida to find a well maintained place to live.
Reasons to Buy
If you want to invest in real estate, then buy a home. The money you pay monthly is going towards something you’ll own instead of to a landlord. You’ll also get your kids into a good school, stay at a job for several years to establish your career, and get to know your neighbors. Relax in your own backyard and find comfort in coming home to something that’s yours.
There are many great reasons to rent and great reasons to buy. Consider your own circumstances and make the choice that’s right for you.