What is the advantage of buying the house over renting the apartment?

Question

asked Apr 5, 2019 69.0k views

2 Answers

Mohamed Ramadan · Answer 1 · 2019-04-07T03:57:44+0000

Not really a math problem...but buying a house allows for tax deduction on the mortgage interest that you pay and also allows you to buy up equity over time as you pay off the house mortgage. Renting an apartment does not have such benefit.

Ariwez · Answer 2 · 2019-04-12T01:57:45+0000

Renting you lose money even if it’s cheap you can never get your money back. When you buy a house you can resell it and get all your money back or possibly even more.

What is the advantage of buying the house over renting the apartment?

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

No related questions found

Categories

Other Questions