Opinion / Forum Trends

With high property prices, is it OK to rent forever?

( bbs.chinadaily.com.cn) Updated: 2015-04-09 07:17
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Amelia (Spain)

Buying a home is not a "get rich quick scheme." A home is a place to live and you have to do the math and buy what you can afford. Don't buy a mansion if you don’t have the money. It's the same for a renter. You should not get into a luxury rental if you cannot afford it. Just like a home, if you miss payments you’ll be out on the street.

With high property prices, is it OK to rent forever?

A man passes real estate signs showing sold properties in Madrid, Sept 8, 2014. [Photo/Agencies]

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