Personal Finance: Buy or rent a home, the perennial conundrum – Moneycontrol

More often than note, the economic viability does matter, but the personal financial situation, aspirations and emotional tugs that drive the decision are just as important, if not more.  

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The lure of buying a house is faced by most individuals, at least once, if not several times in her lifetime. Recently media articles highlight how home prices are perhaps at the lowest in a while (say a decade) but are already inching up across key markets on the back of strong demand for housing.

Look around and empirical signs support this claim. Demand is creeping in, especially in micro markets. Sales are picking up, be it from first time…


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