Budget 2025: Rent a home or buy one? That’s a yuge dilemma

Deciding between renting and buying a home is complex. Renting offers flexibility and potential tax advantages under the old tax regime but lacks the long-term benefits of ownership. Buying provides substantial tax benefits and asset creation but comes with high upfront costs, long-term financial commitments, and market risks.

Feb 2, 2025 - 16:30

Budget 2025: Rent a home or buy one? That’s a yuge dilemma

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Deciding between renting and buying a home is complex. Renting offers flexibility and potential tax advantages under the old tax regime but lacks the long-term benefits of ownership. Buying provides substantial tax benefits and asset creation but comes with high upfront costs, long-term financial commitments, and market risks.