I've been asked by people on YouTube whether it's more economical to rent or live in a home, so I've put together a video. I get asked this question a lot, but it really depends on your lifestyle. If you're going to live in the same place for the medium to long term, owning a home will be cheaper, but if your family structure or income fluctuates, or if your location changes, renting will be cheaper. Also, when buying a home, try to look for used homes, plus remodeled or renovated properties, rather than new ones. Watch the video for more details.
I've been asked by people on YouTube whether it's more economical to rent or live in a home, so I've put together a video. I get asked this question a lot, but it really depends on your lifestyle. If you're going to live in the same place for the medium to long term, owning a home will be cheaper, but if your family structure or income fluctuates, or if your location changes, renting will be cheaper. Also, when buying a home, try to look for used homes, plus remodeled or renovated properties, rather than new ones. Watch the video for more details.