Usually, if you can come up with a down payment then buying is your best option. However, this may not apply to everyone. Consider the following:
After reviewing this comparison, you may feel that neither buying nor renting is the “perfect” choice. We should then consider your lifestyle — including such factors as the stability of your career, how often you travel for business and whether or not you plan to reside in your current hometown for a long period of time — either choice has plenty of valid advantages. Here is a calculator that will help you crunch the numbers in determining whether you’re better prepared to rent or buy.