Should you rent or buy? Here’s a simple breakdown:
| Aspect | Renting | Owning |
|---|---|---|
| Upfront Costs | Usually lower | Higher (down payment, closing) |
| Repairs/Maintenance | Landlord pays | You pay |
| Flexibility | Easy to move | Moving takes planning |
| Equity | None | Builds over time |
| Long-Term Wealth | No asset formation | Home value can grow |
Renting is simple but doesn’t build wealth, while owning offers stability and future financial security. Your agent can help decide what fits your life and goals.
