Rent or buy? Buy! And the sooner, the better.

It almost always makes more sense to buy rather than rent a home, simply because, as a tenant, you’re paying monthly into another person’s pocket what you could be paying into your own bond account.

Home ownership is probably the easiest way for young people to accumulate personal wealth. Why? Because the value of property appreciates over the years, and the size of the outstanding home loan decreases month by month – it’s win-win! Plus, you can accelerate this process of personal wealth creation in multiple ways.

better.