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Buy home or rent apartment?   Ajay   02/25/2018 09:21 PM  

I am in dilemma whether to buy a home or continue staying in my apartment. anyone had the same confusion? please share your thoughts. Anyone regret buying home ?
Currently don’t know how long I will live in Connecticut. May be 2 years, may be 15.

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Re: Buy home or rent apartment?   AB   02/25/2018 10:03 PM  

This is good question but purely individual choice.

If you have single kid or less, it may be ok to rent. If you have more than one and looking for 3 bed and things like that, buying is a better option. It also depends your choice of living. Living own home is altogether a great living experience but the flip side is, it may be bit more expensive considering the maintenance cost of the house however longer term buying a home might be better economically as well !

Good luck !


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Re: Buy home or rent apartment?   Helper   02/26/2018 10:29 PM  

I am single and contemplated this question for a long time. Finally the deciding factor was heating costs for a house. It is terribly expensive in winter. Make sure you consider all costs before making this decision. Good luck!


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