Renting allows you more freedom. You can stay as long or as little as you would like on the property while you explore that neighborhood and the ones around. If a loved one is being relocated, it is much easier to pack up your bags and move out of your rental. Not to mention, if you are looking for a new space in a new city, a different rental property in a different location might be your key to success.
Renting doesn't mean you’re "throwing away money". More likely than not, the landlord is going to cover most of the up-keep costs, and your spending won’t fluctuate much. However you don’t build up any equity and aren’t investing your money into the property. If the landlord decides to no longer rent out the space, you just walk away, which can be a good or bad thing.
Buying a home means your entitled to its future maximum value. If you buy a home and make it your new project. You can turn your fixer upper into a hefty profit. Anything you put into the home you could easily get in return, and then some. Also, if you want to change anything on the walls or repaint, you can because it is yours!
Being a homeowner will provide you with a sense of security. There is no better feeling than security and comfort. The feeling of knowing that at the end of the day you have a place to go home to that is truly yours, is priceless. There is a difference between having a house and having a home. Once you find your forever home, don’t let it slip out of your fingers.
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