23 Nov '15, 3pm

To Buy or to Rent? That is the Question https://t.co/OfBiQksU3Q

By Tam Ging Wien (guest contributor) To buy or to rent? This has been a discussion point that has surfaced many times during my interaction with friends, colleagues and relatives. There is a clear divide between these two opposing views of property ownership. The renting camp will say that the property cycle is at a high now. It would be better to sell their current property, rent a place and wait to buy after a correction. The buying camp will say they would rather spend the money paying to own their own home rather than help the landlord pay for theirs! The influence of culture on the home ownership decision Depending on which region of the world you come from, the culture, government policy and influence of your upbringing will affect how you think about buying versus renting. According to Eurostats, 2012 home ownership rates in the developed nations of France, Austria,...

Full article: https://www.propwise.sg/to-buy-or-to-rent-that-is-the-que...

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