Rent or buy – what makes more sense?
Ask your parents or grandparents the above question and they will almost certainly say it makes the most sense to buy a house. They will tell you that rent money is “thrown away” while the repayments you make on a mortgage are going towards a tangible asset, and will probably come up with a number of other reasons.
All this is true, and they could be right, but there are senior economists and property experts who will tell you that in the current economy, it actually makes better financial sense to rent. So who is right?














