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Owning vs. Renting – The Big Debate
Owning vs. Renting – The Big Debate
 There comes a time in everyone’s life where they have to make the ultimate decision and decide whether to buy and own their own home or continue to rent. It’s a huge decision as both have notable benefits and disadvantages and it is not one to be taken lightly. So lets have a look at these advantages and disadvantages to see which option is really the best option for you.
Owning your own home is the traditional dream that practically everyone has, especially when it comes to starting a family. It gives you a feeling that you have accomplished one of your goals and that you are both financially and emotionally secure as well as giving you a great sense of community. But is it the right decision for you? Lets have a quick look at the advantages and disadvantage of buying and owning your own home.
 Advantages:
 You set your own rules
 You have a sense security
 You have made a great investment
 You have a sense of freedom
 You get various sorts of tax rebates and deductions
 Your repayment is usually the same or sometimes even lower than it would cost to ... more

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