Rent or buy? The essential pros and cons every Millennial and Gen Z should know

Renting News

Rent or buy? The essential pros and cons every Millennial and Gen Z should know
Renting Vs BuyingProperty MarketMalaysian Youths
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KUALA LUMPUR, Sept 18 — As Millennials and Gen Z enter their prime earning years, the decision to rent or buy a home is becoming increasingly pivotal. With rising property...

PM Anwar: Halal no longer merely abstaining from pork and alcohol, industry can be inclusive by reaching even the poorest in society

From grooming to child labour and beatings, IGP confirms physical and emotional crimes on kids rescued from Global Ikhwan-linked welfare homes This guide breaks down the pros and cons of each option to help you navigate this crucial financial decision. Potential for rent Increases: Renters may face higher rental costs over time, which can impact long-term financial stability.

Equity building: Mortgage payments contribute to property ownership and equity accumulation, potentially enhancing long-term financial security. Ongoing expenses: Homeownership comes with additional costs such as mortgage payments, property taxes, and maintenance, which can add up over time. In short, renting offers flexibility and lower upfront costs, while buying provides long-term equity and stability.

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