Rent Vs Buying
staying in rent is better or buying the property ?, I stay in a rented propety in JPN 2nd phase 3 BHK around 1200 sqft carpet area, i pay 20K rent. is it better to continue staying in rent or buy a property in JPN 2nd phse? if i buy i would be taking a loan with 20% downpayment and i guessing prop value in this area is around 7K per sq ft
staying in own house is much better than staying in rented house
I am revisiting this page after 4 years, evaluating my position. Looks like i took a good decision of not buying the property and the property price has not increased since 2013 and Seller quoting similar price.
***Disclaimer: Position taken in 2013 has so far proved to be good till Dec 2017, will revisit after few more years to evaluate again***
Thanks – Investo