Why do rich people pay rent instead of buy property?
I agree, I think there is no one good answer to which one is better. A lot depends on personal preferences and goals.When it comes to deciding whether to buy or rent a home, there is always a heated argument regarding which option is the most financially sound. Both sides have solid points, so it's a little complicated. Renting has its own set of advantages, such as reduced accountability and greater flexibility. However, many people believe that buying a home rather than renting is the more cost-effective option. When it comes to determining which option is best for you, it's not just about the money. It's also about your well-being and long-term objectives.