Rent vs Purchasing a House
Montāžas Teksta
- Hey I am thinking about buying a house can you tell me the pros and cons?
- absolutely sir
- Can you show me some exmaples?
- Sure!
- When buying a house you can design it hoever you want
- You can get a house like the one behind us or you can get other types of houses
- You can also get something like this
- Or something like this!
- Wow, so you are saying I can design it however I want?
- You can also build it wherever you want!
- You can build it at a lake
- You can build it in the middle of a field
- Or you can build it on the edge of a cliff
- Oh thats awesome but are there any downsides from buying a house?
- There are some downsides to buying a house
- The upfront cost is going to be higher.
- You will also need to take out a loan to buy the house
- Oh alright. Thank you for telling me the pros and cons today!
- No problem pal! have a grewat day!
- The End of part 1
- Hey since I told you the pros and cons of buying a house do uou think you can telll me the pros and cons of renting a house?
- Sure thing!
- One pro about renting a hous eis that it is less upfront cost than buying a house
- Renting is also very flexible as you do't need to stay in one area, you can just rent another house
- One downside is regardless of how long you rent a house,you wont ever own it, it isn't a financial asset
- One other downside is that the rent can increase if the landlord choses so.
- Thank you for telling me the pros and cons of renting a house!
- And thank you for telling me the pros and cons of buying a hous!
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