{"id":6475,"date":"2017-07-25T09:54:33","date_gmt":"2017-07-25T13:54:33","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=6475"},"modified":"2023-07-24T13:27:31","modified_gmt":"2023-07-24T17:27:31","slug":"should-you-buy-or-should-you-rent","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/should-you-buy-or-should-you-rent\/","title":{"rendered":"Should You Buy or Should You Rent?"},"content":{"rendered":"

Many Americans dream of homeownership, whether it’s in the near future or further down the horizon. Homeownership is a significant stepping stone that provides stability and, for many, a sense of fulfillment. However, this is an expensive transition, and the rising cost of home affordability<\/a> puts further strain on prospective homebuyers. This leaves you wondering: should you buy or should you rent an apartment?<\/p>\n

\"shouldyoubuyorshouldyourent\"<\/p>\n

Four Questions to Ask: Should You Buy or Should You Rent?<\/h2>\n

That being said, sometimes it feels like you are throwing the money away when you pay the monthly rent, and owning a home seems like a great investment to have no matter what. So, how would you know when it is time for you to buy? As the jump from renting to owning is a huge financial step and a lifestyle change, ask yourself the following questions before you make your next move:<\/p>\n

1. Can I Commit to Living Here for At Least Five Years?<\/h3>\n

If you can\u2019t, owning a house is probably not a good idea. Renting, instead, adds some spice to your life, and though you often need to sign a lease, you always have the option to move to a pricier (or cheaper) place when the lease ends depending on your financial status.<\/p>\n

Learn more:<\/p>\n