Posted by: Ip Man April 3, 2015
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Sajha Mitra,
You are right.
I also don't believe that Renting is always better than buying. As the videos suggest, it will depend on individual case.
But what I think is that, getting a loan at affordable interest rate doesn't mean you have to buy a house at least in California where price of house touches sky.
To put simply, as far as I am concerned, I will only buy a house if I can pay all the money upfront and have multiple sources of income.
And SajhaMitra, if a landlord can evict you, so as your boss can also fire you. And you need to be prepare for that situation as well.
You are right.
I also don't believe that Renting is always better than buying. As the videos suggest, it will depend on individual case.
But what I think is that, getting a loan at affordable interest rate doesn't mean you have to buy a house at least in California where price of house touches sky.
To put simply, as far as I am concerned, I will only buy a house if I can pay all the money upfront and have multiple sources of income.
And SajhaMitra, if a landlord can evict you, so as your boss can also fire you. And you need to be prepare for that situation as well.