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Is it cost-effective to rent a house or buy a house?
Rent a house.

1, more flexible. When renting a house, it is relatively easy to change houses due to changes in demand or income. If you travel a lot, renting a house may be a better choice. Moreover, living in a different place can also help you choose a more suitable area and then buy a house.

2, don't worry about repair and maintenance. When renting a house, the repair and maintenance is the responsibility of the owner, but when you have a house, the repair and maintenance is your own responsibility. Usually, the older the house, the higher the price of this item. As a homeowner, you need to set aside some funds for unexpected maintenance and routine maintenance.

3. Low expenditure. The rent of the same house may be lower than the monthly payment, and the one-time cost and regular cost of renting a house are lower. Usually tenants need to pay two weeks' rent and two weeks' deposit in advance. The only thing that tenants may lose is the deposit and the rent paid within a certain period of time.

4. Diversification of investment. If you choose to rent a house, you can use the savings from buying a house for other investment purposes and choose other more suitable products, such as low risk and quick return.