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Q Is it better to rent or buy a house?
Meena Krishnan Mortgage 200 views Jul 28, 2026
Expert Answer

It depends on your situation:

Buy if: Staying 5+ years, stable income, have 10-20% down payment, housing costs under 28% of income.

Rent if: Might move in 3-5 years, prefer flexibility, home prices overvalued in your area.

Quick rule (5% rule): Home price × 5% ÷ 12 = monthly breakeven. If rent is less than this, renting wins financially.

Full comparison: Rent vs Buy Guide

BG
Bhaskar Gadi
Financial Advisor & LIC Agent · Answered Jul 28, 2026

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