Off Topic > Investment & Real Estate

To buy or to rent a house for own stay?

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feydrax:
For a young professional with zero backup from family.

Looking at the current market in Klang Valley now, do you think it's sensible to rent a house to start a family, or to save even longer to buy a new one?

meoramri:
Rent first.


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epsilon82:
If you are single, rent a room and save for down payment.


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feydrax:
Renting sounds more sensible, but seems like a lot of people around me think that one must have a house before marriage  :Blue: given the market now, Pr1ma / WIP is the way to go for house ownership? Else, the only other option would be to get new developments that scrape off the downpayment requirement

dualcarb:
Nothing wrong with renting first. The "I must buy a home first" before I get married thing is over rated. Why bog yourself down with a liability so early on? The market is over saturated anyways. There will be bargains down the road.

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