24-hour coverage PT
Breaking News Brazil and the world, minute by minute
BREAKING
Owning a home or renting it: how to know what’s worth it for you Mulher é morta a tiros em Paulo Ramos; companheiro é suspeito do crime Mensagens com Vorcaro são 'farsa montada' e 'vingança' de aliados de Bolsonaro, diz Moraes Moraes acusa Mendonça de produzir “dossiê” político para incriminá-lo no caso Master Javier Bardem pede boicote a Ed Sheeran após polêmica do Macklemore Neymar pede, e Santos anuncia Philippe Coutinho como reforço
Economy

Owning a home or renting it: how to know what’s worth it for you

Is it worth having your own home? Buying or renting a property depends on each person's financial situation and plans. Owning your own home brings security and, at the end of the financing, leaves equity for the owner. Renting offers more...

By 365 Breaking News Editorial Team 1 min read
Owning a home or renting it: how to know what’s worth it for you
365 Summary

Those who buy in cash give up the income that this value could generate; whoever finances pays interest; and those who rent pay for a property that will not be theirs. For those who intend to stay in the same place for many years and can buy without compromising their budget, owning a home can make sense.

  • For those who need mobility or would have to commit a very large portion of their income to purchasing, renting may be more advantageous.
  • Every week, g1 Explains simplifies the economy, the financial market and financial education, showing how all of this affects your pocket.

Editorial reading aid based only on information contained in this story and its identified source.

Is it worth having your own home? Buying or renting a property depends on each person's financial situation and plans. Owning your own home brings security and, at the end of the financing, leaves equity for the owner. Renting offers more flexibility and allows you to invest the money that would be used to purchase. Those who buy in cash give up the income that this value could generate; whoever finances pays interest; and those who rent pay for a property that will not be theirs. For those who intend to stay in the same place for many years and can buy without compromising their budget, owning a home can make sense. For those who need mobility or would have to commit a very large portion of their income to purchasing, renting may be more advantageous. Every week, g1 Explains simplifies the economy, the financial market and financial education, showing how all of this affects your pocket.