Buying versus Renting

 

Why buying is a better option than renting?

Whether to buy a facility or to rent it has indeed become, one of the most fundamental decisions to be made in everyday life given the ever changing political and socio-economic conditions of the world. A large number of professionals belonging to the business of real estate provide a lot of reasons in support of their assertion that buying a house is profitable and preferable over renting one in a number of ways. This paper provides a rationale for the argument that buying is better than renting a facility.
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