In Malaysia, Should You Rent or Buy a House?
Considering that home costs have been steadily rising, Malaysians certainly ask themselves frequently, "Should I rent or buy a house?" Some people may start to view home ownership as a high goal and begin to prefer renting to buying. If you're torn between buying a home and continuing to pay rent each month, the following list of considerations might help you make up your mind. Renting a house The most pervasive misconception about renting is that you waste money every month. That is untrue. You must remember that having a place to reside always involves some sort of financial outlay. Even while paying rent on a regular basis doesn't help you develop equity, not all of the expenses associated with homeownership are related to doing so. Renting gives you complete control over your monthly housing expenses. Your lease specifies this sum so you can make appropriate plans. In rare situations, if you reside in a condominium, your landlord might also include homeowner assoc