Do I rent or do I buy? Many people struggle to find the answer to this question. And although most people will eventually decide to purchase a home, because of their financial situation, some prospective buyers might want to wait to commit.
Though it is always considered to be wise to invest in a property, however the current cost and the future cost of the property should also be taken into consideration.
To decide whether it makes more sense to buy or continue renting, consider this: it is often far cheaper to own a home than to rent one. It sounds almost counter-intuitive - spending a couple hundred thousand bucks on a house should make you broke, not help you save money!