π‘ Renting vs. Buying β Whatβs Better in Germany?
Aspect | Renting | Buying |
---|---|---|
Upfront Costs | Low (Deposit + First Rent) | High (Down Payment, Taxes) |
Flexibility | Easy to move out | Long-term commitment |
Monthly Costs | Rent + Utilities | Mortgage + Property Taxes |
Investment Value | No ownership benefits | Property can appreciate |
β
If you plan to stay long-term (5+ years), buying may be a good investment.
β
If you prefer flexibility, renting is a hassle-free option.