Which one is better to stay? Option 1: Apartment Option 2: Own House?

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  • Which one is better to stay? Option 1: Apartment Option 2: Own House?


Answer #1 | 22/12 2013 20:24
own house. your money gets put into equity instead of your landlords pocket. plus, its amazing to be able to do whatever you'd like with the place. i bought my first house at 21 and I've never regretted it.
Answer #2 | 22/12 2013 21:16
I say owning a house is better. Not only can it be cheaper in the long run there are many benefits of owning a home. The housing market is still pretty good for buying a house, you get to paint the walls whatever color you want, you don't have to share walls with people, don't need to get permission to do things that you want to do and the money that you spend on a apartment is really just a waste of money, I mean think about it the $$ you spend is going to whom ever you rent from and they can spend it how ever the please. Hope this helps and good luck!
Answer #3 | 22/12 2013 20:41
It depends on your situation and what you like. I prefer my own house but not everyone does.
Answer #4 | 22/12 2013 21:34
to stay own house better because we can do everything as you like
Answer #5 | 22/12 2013 21:55
There are too many things to factor in. Look at the big picture including your finance and your career. Both options have upsides and downsides. I would do some research before making a decision. Don't ask a bunch of strangers. Go to the experts and read up on pros and cons.
Answer #6 | 24/12 2013 10:11
Depends upon your progress toward financial independence. How much money do you have? What kind of job do you have? How old are you? Do you have long term savings? Do you have all the other financial things in place such as having short term cash in savings, and such as being free of your school debt, free of auto loans and credit card debt?
Answer #7 | 23/12 2013 06:46
There are a ton of factors to consider when deciding if you want to rent or own a home. Renting might give you some flexibility if you need to deal with career moves in the near future, be a more reasonable setup if you think you are not certain about your income, no maintenance included, and some even include utilities. On the other hand, owning a home will give you equity in the future, get you tax deductions, and creative control. The last was our reason why our wife and I decided to buy a home. We are advocates of green technologies and alternative energy. We practically run half of our home appliances using solar panels on our roof. The money we save on electric bills go onto other important expenses.

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