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Should you buy or rent a home? The arguments for and against have evolved over the years. There are now more factors in play – the pandemic and resultant work-from-home practices, for instance, have provided more incentive for people to own their own residential property. But the rising interest rate environment along with growing cost of living and low wages has made it difficult for someone to own a home. So how can we make this decision? We turn to Felix Neoh of Finwealth Management for some insights.
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Should you buy or rent a home? The arguments for and against have evolved over the years. There are now more factors in play – the pandemic and resultant work-from-home practices, for instance, have provided more incentive for people to own their own residential property. But the rising interest rate environment along with growing cost of living and low wages has made it difficult for someone to own a home. So how can we make this decision? We turn to Felix Neoh of Finwealth Management for some insights.
Image by: Shutterstock
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