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Buying a house vs renting: which is the best option for you?




Buying a home is the dream, right? Well, actually, that might not be true for everyone.

This major decision will have a direct impact – both positive and negative – on your financial situation and lifestyle. Whether you rent or get a bond to eventually own a property is entirely dependent on your unique circumstances and what you want from your life. Weigh up the pros and cons to see which is the best choice for you.

Whatever your decision, make sure it makes the most sense for you, financially. Don’t just go with what your great uncle Clarence thinks is the right option, or what some 22-year-old finance bro said on TikTok.

If you do opt to buy, we can help you find a home loan with the best rates. Compare home loan quotes now.

PUBSLISHED DATE

18 July 2022

CATEGORY

Loans, Home loans

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We are not owned by or affiliated to the companies listed on the site or in our call centre.


© 2023 Better Compare (PTY) Ltd is an Authorised Financial Services Provider

(FSP no. 49357) 24 Flanders Drive, Mount Edgecombe, KZN, 4300