Buying a House or Staying on Rent? 3 Advantages of Renting a House

Buying a House or Staying on Rent – Which is a Better option? Here are 3 Advantages of Renting a House

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1. Flexibility:

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2. No responsibility for maintenance and repair

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3. Impression of less responsibility

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Buying a House or Staying on Rent – Which is a Better option? Here are 3 Advantages of Renting a House

1. Flexibility:

This is a best option for young earners who normally switch jobs frequently and move to different cities.

2. No responsibility for maintenance and repair

Renting a house is an affordable option because services such as maintenance and repairs are the owner’s responsibility.

3. Impression of less responsibility

In metropolitan cities, a house worth Rs. 60-70 lakh is normally available on rent for Rs. 20,000-30,000 per month plus security deposit.

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