In some countries, some people are renting accommodation, while others are buying their own homes. Doe renting accommodation have more advantages or more disadvantages than buying a place?

The choice between buying a home and renting one is one of the biggest financial decisions that everybody makes in his or her life. It goes without saying, that everyone desires to be fixed for a life, but it is not enough to be smart cookie to determine which option is more profitable: buying or renting a property. Unfortunately, that this is not a piece of a cake. For someone buying a flat is the moon to reach for, but someone is ready to buy a flat or a house, which costs an arm and a leg, only when pigs fly, because of believing that their price is highway robbery. Someone manages to buy a property for a song on the spur of the moment and then walks on air, jumping for joy, being thrilled to bits, but someone scrapes together enough money, living on pins and needles. Someone are completely sure that it's not worth it and renting a house is the best option and someone is in two minds. On the one hand, it is the elephant in the room, that own house or flat allows to be independent of landlord and to set own rules in your home, whether it's about renovation or just new hole in the wall. Furthermore, you can be calm and even be couch potato for a while without worrying to be evicted from the home (if you have a nest egg to pay household bills). Probably, every new home requires a time for finding your feet, which, of course, causes discomfort. On the other hand, independent of landlord entails dependent on the location. In this case, you are not so flexible to choose where to live. And indeed it's easier to relocate even to another country if you rent a flat, or to move closer to work. In other words, you have more freedom of movement. To sum it up, despite the fact, that for someone in the early years this question is hot potato, time flies and when we begin to bring home the bacon, sooner or later we face this choice. It goes without saying, even if we connect the dots, it is clear that we don't figure out what the right answer is. This question has been raised for donkey's years. But to my mind everyone shouldn't be tared with the same brush. Everybode has own head screwed on.