Everything in life comes with options. On a few occasions, one option will stand out from the rest for various reasons. However, on most occasions the options on hand are just too complex in nature to choose immediately. This calls for a deep insight and an analysis from all sides on the options available on hand before a conclusion can be reached.
One such scenario -- and the most common of all -- is whether to buy a house or rent a house. Logically speaking, buying a house is the best option particularly when you are young and even if it means paying EMIs for many years.
But how does this compare to renting a house? What if you can rent a house for a lesser amount now, much less than the EMI you would be paying for your home loan, invest this difference between the rent you pay and the EMI in the many financial instruments and let it grow and later on buy a house. Does it make sense? How does the idea of owning a house would mean to you financially or is it just a matter of security?