Graphic To rent or buy?

Are you ready to take the plunge into ownership?

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Long description of the infographic

Whether you should rent or buy is a complex and personal question. The answer depends on your finances and affordability in your area but also on whether or not you feel ready for the commitment of owning a home.

Key Takeaways:

  • Deciding whether to rent or buy may be one of the most significant financial decisions you’ll face in your life.
  • Although buying a home can come with advantages, such as ownership, investment opportunity and tax advantages, it can also represent a major financial and time commitment.
  • Renting can provide greater flexibility and may be easier to qualify for but doesn’t allow you to build equity or profit if home prices rise.
  • In addition to personal factors, you should consider real estate and rental prices in your area when making your decision.

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