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Should you buy a place to call home or rent? The answer varies based on many different factors.

Different locations or countries have laws and norms that affect which choice makes more sense. ... Rentals in some places come by default with furnishings. ... Some places structure the taxes to encourage home ownership. Taxes ...

Each choice has multiple options. For instance one "buy" option is to build a new structure... own something custom built instead of an existing structure.

Some things to consider:

  • your savings
  • your budget
  • how long you expect to live someplace
  • what's available
  • your feelings

SavingsEdit

How much money do you have available now to spend on your home? ...

BudgetEdit

Will you be able to continue making payments? ...

Time CommitmentEdit

...

Availability of Properties for PurchaseEdit

Even if you have the money and will be staying in the area... are there homes worth buying? Are you interested in building?...

FeelingsEdit

Some people want to own the place they live; while it makes others feel "pinned down". ...

RelatedEdit

ReferencesEdit

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