rental or own house. adavantages and disadvantages

The debate regarding renting a

house

against owning one has been ongoing for decades and each of them has its own pros and cons. The debate usually ends as a draw between both debating parties, and

eventually

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eventually,

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it all goes down to the purpose of actually living in a

house

,

for example

, some individuals by the nature of their jobs, travel often and constantly relocate, for these individuals it is preferable for them to rent a

house

so as to decrease their responsibility of maintenance as it is considered a liability for them if they owned a

house

. As for owning a

house

, many individuals supporting

this

thesis, work in the same country in which they own a

house

. Owning a

house

in the same location you work in is one of the major pillars of settling in

this

country,

such

as it being a place for their kids to grow up, create memories and even live in it if the circumstances require.

In addition

to that, owning a

house

for both parties could be seen as owning an asset

in

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which it increases in value with little to negligible maintenance costs. In conclusion, I personally believe that owning a

house

is better than renting one

,

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because I believe that its benefits outweigh the risks

,

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and that the most blooming market nowadays is the real estate market. It is always better to ensure the future residence for your children

and

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forecast the increasing mortgage prices and try to avoid it as much as possible, if not for yourself,

for

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but for

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your children.