Making a choice to Rent vs Buy can be confusing | Hear it from our experts
October 1st, 2018
Home ownership is a dream for many Indians. The emotional appeal about putting down roots, getting involved in the community and having a place to call your own drives many in India even though homeowners need to worry about the long-term character of the neighborhood and potential property values.
If your dream home happens to be one whose contours keep changing as we live our lives, then we can remain happy renters. Someone else is worrying about the paint, the fixtures, and the maintenance. One does not have own something to enjoy it.
At the end of the day, the decision will come down to what works best for each individual and his family. Renting offers great flexibility and mobility in the event of an unexpected life-changing event, while homeownership offers a chance to put down the anchor and invest. There are pros and cons on either side of the equation makes you the master of your own destiny.