The Wealth Room

Is it better to rent or buy a house?

Today we are going to touch on the subject of renting VS buying. This topic came about after I put together a piece on is buying property a good investment. If you haven’t read that article it might be worth your while to skim over it or just re read it to get a little more context for this post. However, if you do not have the time to, then I think the principles will be self-explanatory in the post below. I must also add a disclaimer that you will have to look into each individual situation and do the maths to see how it turns out, as there are just too many variables for me to cover in a short post. Let’s touch on buying property with a bond VS renting, which is your worst case scenario. Buying property for cash VS renting is a no brainer in my opinion as long as you make su