It's very difficult to buy a house, do you think rent a house better than buy?

Best idea really is to rent a decent house and buy a house or a condo unit or an apartment unit for investment purposes. This way, you get to rent a house fit for you and/or your family and have something that makes you earn extra income. When you get to that point when you need to settle down and retire, you get back what you bought and live in it knowing it has served its purpose (making you earn more).

According to me, it's always good to buy a house than live in a rented place. When you pay rent that amount has no return at all. But if you can manage to invest certain amount to buy a house then that amount will give you a house that is your very own. So for someday you have to compromise (if you are short on money) with your lifestyle but in a long term you'll have your own house. I believe big or small one, there's a lots of happiness when you have your own house. Leaving in a someone's place doesn't give that happiness.

i view a owned house as a security.so any time i would prefer to buy one but seeing the current scenario where its difficult to buy one i will rent temporarily and keep on working hard to get my dream(even its a small affordable one)

i dont think renting a house is better than buying a house.. we will have to pay rend every month.. after like 10 year we wil underatand we have wasted money on rent. which can be used to buy a new house lol.. however if you dont have any option what to do..

If you can get approved for a home loan right now, It is better to do it now while the rates and prices are low. It would be better to find a For Sale By Owner home and see if you can go through your own bank or get a land contract. There are alot of people doing land contracts these days so they can get as close to asking price as possible. Yes, it is always better to buy then rent. When you rent that money is not going nowhere and most of the time what you pay in rent is what you would pay in a house payment. By the way It is yours if you buy and a good investment.

It is true that buying a house is difficult. It is worth the effort to buy a house. it is an investment in the future of you and your family. It may be cheaper to rent a house and responsibilities will fall back on the landlord, but a rented house can never truly be youts. when you buy a house it is something to call your own.

of course there are good points and bad ponts to both. we own a house and are looking to sell but these days it is so hard to sell a house because there are so many on the market and no one can afford to buy one, but if we were only renting, we could move without any problem.

Well, I think everyone's dream is to have a house of their own. A dream house for the family. But the sad thing is that it is so expensive to buy a house or build a house, most especially nowadays with the current situation. So for most people, they end up renting a house and hoping that one day there would be enough savings to build or buy a house of their own.

As for my opinion, buying a house is better than renting one. First disadvantage of renting is that you can't just easily customize the whole place, the way you wanted it to. Second, even if you spend a lifetime paying and remaining loyal to your landlord, anytime that he or she feels he or she needs the space, they can always ask you to leave. And third, why think of renting a place that could never be yours. There are new projects nowadays called rent-to-own houses. You pay the same price as like renting and at the same time own the place after putting effort on it.

I've read many times that renting a house has more advantages than buying one. If you rent you don't have to worry about mortgages, repair bills and you are not really stuck with a rented house if you want to move elsewhere for work purposes or whatever. You can always go from a larger house to a smaller one or back up to an even larger one. You just have so many more options when you rent. However, there's nothing like that feeling of having your own house and not having to deal with landlords. Some people rent until they retire and then buy or build a house.

It is better to buy a house than go on renting. Here in my country, we have installment basis in buying new houses... I don't know about your country. Here, all we need to do is to submit specific requirementsa and once approved we can pay that for 20 or even 25 years.

For me, I guess you have to buy a house than to rent. Renting a house maybe a waste of money. Days are easily gone by, so I would rather work very hard just to buy house rather than to rent. Ok??

I think it depends on your situation. If you have a family and kids then buying a house would be a little more stable. But of course some house are "rent to own" and they aren't that bad either. Your basically doing the same as taking a mortgage out on your house. Renting is more for people that doesn't know where they want to be later in life. Or I suppose people that have bad credit like me.

Yes it really an asset investing on home. Its a life long asset for you and your generation.

In my honest opinion I think renting a house is better than buying it. I can think of these reasons why renting is better than buying: 1. When there are items to be repaired, then you don't pay for it. The landlord does. 2. You can easily transfer to another place if you want a new scenario or is taking a job in another place. 3. No taxes that needs to be paid. 4. No mortgages. 5. Renting a house has a lesser responsibility than buying it. 6. No maintenance, overhaul costs to be incurred.

I agree that, nowadays, its very difficult to buy even the most basic necessities, let alone a house. Most people's finances are somewhat shaky, especially with the recent bout of global economic recession. However, I believe that it is better to buy a house than to rent it, if your finances would allow it. If you buy a house, you would be required to have a bigger initial cash outlay but at least you would get something out of the payment made (ownership of the house). However, if you just rent a house, you'll be paying something lesser, for god knows how long, without ever owning anything. Besides, you'll have more freedom on what you want to do with the house when you actually own it. So I guess its more practical to buy a house than to rent it if you can afford it. I'm currently renting an apartment with my sister but we have plans of applying for a house loan so that we can finally have our very own house. Maybe next year, when our finances get a little better (I hope!).

It depends on your needs if you'll buy or just rent a house. If you are working far from your family house or if you prefer to live by your own, want to live in that place for long time and you have the budget I guess better buy/loan for a house. But if you are the type that's going to move or won't stay there for long time and budget is an issue, better rent. In my case, I just applied for a loan in a developed lot and don't plan to build a house yet since me and my wife aren't there to stay. I just pay the monthly loan fee for the span of 10 years (took a reasonable loan duration and monthly payment) for the lot. For the meantime, we just rent an apartment that suit us and our budget. Our priority is to have savings and at the same time have invest/loan purchase a property. Property (real estate) is better investment than cars since the value keeps getting higher in long time. Hao!

Of course! It depends on the situation though. However, having a house means we can have extra income through it. Consider it like this, you have house A located near town with estimated rent value at about $2,000 per annum. Then you can rent your house which bost your income to $2,000, and then you go rent other house (maybe it smaller or located farther) with rent value at about $1,000 per annum. Voila! You have just make an extra $1,000 income from your house. It is just one case though. I agree with other people comments that it is pretty hard nowadays to buy a house. Well, if we are low on budget then rent a house would be a better solution. We don't have to pay for housing tax, nor we should pay for renovation (depends on agreement also). But if you have extra money, then buying a house would be a great investment (for your own living or just rent it to other)

Of course i hope to have my own house and i hope to marry a rich husband.But i love that guy very much then this are not big deal and i can live with him in renting houses and eventhough he is not rich enough it's also OK.In my heart love is the most importand and most romantic thing.I will never marry a man only because of money.

buying a house is an investment. my husband and i rented an apartment for two years now, although we are comfortable in our apartment but living in your own house really makes you feel better. Now that we have finally bought a new house and hopefully we can move in the middle of next year!