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Rent vs Buy: How to Decide

Rent vs Buy: How to Decide

Buying builds an asset, while renting keeps you flexible. The right answer depends on your numbers.

Compare monthly costs

Add EMI, maintenance and property tax for buying. Compare that with rent plus what you could earn by investing the down payment.

Think about your time horizon

If you plan to stay five years or more in the same city, buying usually makes more sense. If your job may move you soon, renting is safer.

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