Part 2 of 2
Welcome to the second part of our discussion about the analysis of the dilemma in buying or renting. In the first part of our discussion, we covered the concepts or mortgage vs. rent payments, and price vs. income. We discussed the role of the Price-to-Rent Ratio (P/R Ratio) in determining whether or not it’s plausible to rent or to buy in your location as well. Let’s continue our discussion by moving to the last three comparable factors to help you in your decision-making.