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Is it better to rent or buy your home? In truth, there's no right or wrong answers and it really depends on your needs especially once you factor in the non-financial decisions.
Even the financial aspect of renting vs buying isn't so easy to compare but today, I go through the differences in costs of the two for Malaysians so you're aware of it all before making your decision.
⌚ Timestamps:
00:00 Should you buy or rent?
00:32 How much it costs to rent
1:38 How much it costs to buy
5:16 Cost comparison of buying vs renting
6:58 Opportunity cost of making upfront payments when buying a house
7:30 The 5% rule
8:28 Non-financial benefits of buying vs renting a house
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