If I am not sure if I should own or rent a house, one strategy I can use is
1 answer
to compare the financial costs of owning versus renting. This can include evaluating the mortgage payments, property taxes, homeowners insurance, maintenance costs, and any other associated expenses for owning a house. Additionally, considering the potential appreciation or depreciation of the property value can be helpful in making an informed decision. It is also important to consider personal preferences, lifestyle, and long-term goals in determining whether owning or renting is the best choice.