Actually in this case I agree with some people that in the end before deciding to choose the best between renting and buying, we need to look at the location that is indeed our current residence.
For some big cities in big countries maybe buying a house is difficult because the cost is indeed very difficult to reach so renting is a good option but in some other countries especially for countries that are underdeveloped or still in development then it will not be too applicable even though in the end rent will still be much cheaper but on the other hand for developing areas at least when we buy then we will get a situation where the house and the place we have becomes an investment as well just in case.
I now live in Indonesia but in an area that is still considered remote and underdeveloped and when choosing whether to rent or buy then I will serve to buy for the first option unless it is still difficult for us to buy then rent can be done while collecting money to buy because indeed as I said earlier this can be a good investment material especially for places and buildings that we buy in my country over time will be increasingly valuable and that I can feel from a few years ago until now the price is always increasing.
Location is indeed a major factor in considering this kind of decision. If you are staying in a highly urbanized areas, for sure, the prices are high. And that means, you will only rent on that place and not buy a property. But if you are seemingly in a remote area, high likely that that real estate properties are quite affordable. And you can justify buying one because it is not too hard from your pocket and besides, as you mentioned, the value of the property will further increase.
Thats the point because in the end, one thing that definitely happens is because when a location becomes important in a price so most likely everywhere not only in one country when we live in the city, everything will be more expensive because there are several reasons to support why this happens such as easy accommodation that makes a plus that makes the value in the city higher in the end .
So in this case when talking about houses, especially with facilities that can be considered comfortable, it will certainly be very natural when we have to be smart in seeing the situation considering that buying and renting definitely have their own advantages and advantages so that all perspectives must be considered and I think that in the end it becomes one of the considerations whether we should buy or rent a house in the end .
