Buying or Renting a house?

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(Edited)

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Photo by Sieuwert Otterloo


One of the basic needs of man is to have a house over his head. Once one comes of age one of the first things that come to mind is to leave your parent's house and get a house for yourself. Now getting a house for oneself isn't always an easy feat. Depending on a number of factors(money, location, e.t.c.) one has to choose the best housing option for them. One of the major decisions to make is to decide whether to rent a house or buy a house.

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RENTING A HOUSE

If one decides to rent a house they are a number of factors to consider. One has to factor in how long they plan on renting the house, whether it'll be better to buy a house, and how long they can continue to pay the rent, there's also a chance that the landlord could raise the price unnecessarily, or they could get into a fight with the landlord and get chased out as soon as their rent expires. Which could be catastrophic if there's no plan in place.

Renting is not all that bad though as it offers flexibility, and could also help one save money if done strategically.

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BUYING A HOUSE

Buying a house is usually the more expensive option, one has to decide whether they want to build the house from scratch or they want to buy one that has been built already. Building from scratch will take some time to be completed and will also need to be monitored to ensure that one is getting exactly what one asked for. Buying an already made one is not so much better as one may end up buying a poorly built house which becomes a liability.

Now when one has their own house they're free from constantly paying rent every month or every year and now they can focus those bills somewhere else. One also has to factor in maintenance costs.

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WHICH IS BETTER?

For me, I would rather buy a house than rent. My peace of mind is something I treasure, the fewer bills I have to pay the better. One may argue that having a house reduces how flexible one can be in terms of movement but seeing as I don't travel a lot having a fixed house is not an issue for me.

For someone who travels a lot a fixed house may not be the best option, but for someone who is looking to settle down and has a lot of money, why not? The decision is not always as straightforward as that, but ultimately choosing to buy a house or rent a house all comes down to the person. For me, the better option is buying.

~THANKS FOR READING~

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17 comments
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Renting is not all that bad though as it offers flexibility, and could also help one save money if done strategically.

True..And the person could possible save money to buy their own house while they are still renting..

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Wow... buying a house is more easier and stress free for someone who has the money. Building a house is cheaper but with some stress and prolonged time of finishing depending on when the user wants it.
Renting a house is good and flexible like you said for many people too.

But then, we are entitled to our choices.

My husband is a civil engineer, so coming from that angle, people fear buying an already built house due to not knowing how strong the foundation is and how quality the building materials is, but one can easily research on some developers that has good reviews from the old clients. However, if you have time and ready to supervise your building, you can go for building yours from the scratch.

But if I see trust Worthy developers, I will peacefully buy my house 🏠..

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Slow down my engagement queen. Haha
Awesomeness of this comment and how your are everywhere. Haha

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Hahaha 😂😂
Thanks so much my friend 👍
Happy new week!

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Yup, ready for world's spiciest chip challenge haha

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You are quite lucky that your husband is a civil engineer, he will know all these things. I totally agree with your suggestion of looking for trustworthy developers. Just have to make sure the reviews are done by someone you know cause there are a lot of fake reviews

!PIZZA

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Fake reviews are inevitable this days 😂
Someone called me few days ago to act a her customer and give her a good review via WhatsApp so she can use it to make sales 😂

I was shocked 😲
Woott
Fake review on my own table... hehehe

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Buying an already made one is not so much better as one may end up buying a poorly built house which becomes a liability.

Agree with you. This has a high possibility to be true in countries or locations where building quality is mostly being sacrificed to look good. I've seen a few houses here where the quality is not acceptable for my personal preference.

!1UP


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Very true. Over here it's quite similar. Unless you have a friend who's into construction you may never know

!PIZZA

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