| Here are some situations where renting
makes more sense than buying. 1.Job uncertainty. If you are a professional working with a company that can, or does, transfer you to different cities in short periods of time, then it may not make sense to buy. Renting allows you the flexibility of moving at the drop of a hat. If you are a professional on the move, make sure any/ease(租赁合同) you sign is a "tenancy(租赁) at will", meaning, you can leave on 60 days (or a different agreed upon time) notice. Breaking a lease can be expensive, so keep this in mind. 2. Traveling. If you are constantly traveling with your job; particularly overseas, you may want to consider renting until you find the place you want to settle in. Owning a home requires that you are around (or someone reliable is around) to maintain your property. Being an absentee owner can be stressful since you are never able to take proper and full care of your purchase. 3. Risk. The housing market is uncertain just like any other market. The crash in the late 1980s was a financial blow to many investors and home owners. Buying a house automatically increases your financial risk. As a result of your recent home purchase you will need to increase your car insurance to protect your new asset in the case of an emergency. |