Shaun Ling 1 Report post Posted October 30, 2019 i have a discussion with my friends on whether you should own or rent a car or house these days. For me, renting is great because you have zero debt and you can off load anytime when the time is bad. OR you can upgrade anytime when you feel like doing it. Owning is great as part of value asset building for long term. as assets like properties will eventually grow. However the commitment is high. downpayment, renovation etc. i would rent a readily renovated beautiful house and use it for investment. Sub Let or Make it a home office to generate cash flows. ultimate im building cash generating machine. what’s your take? Share this post Link to post Share on other sites
Joejo 0 Report post Posted November 4, 2019 that's a good suggestion. I have a friend who would rent a car instead of buying. To offload some payment for his car rental, he would drive Grab on his free days or Grabhitch. I think that's a pretty good idea if you don't have the cash to own a car. Share this post Link to post Share on other sites
Malory 0 Report post Posted November 5, 2019 well, it's not that difficult to buy a car, but not so many people can afford buying a house. I rent a small houseand that's ok by me, moderate cost and I do not even consider buying it or any other Share this post Link to post Share on other sites
GianCann 0 Report post Posted June 26 I still prefer owning over renting. I just feel more at peace when I know that even if I’m paying off a mortgage, it’s not for nothing or into someone else’s pocket, it’s for my own house. Having my own car is also the ultimate comfort, because no one can limit how or when I use it. Share this post Link to post Share on other sites
GarryGrey 0 Report post Posted June 26 Your own car for everyday life, a rented one for trips, vacations, chilling. I also think owning your house gives you the most peace of mind. No matter what happens, no one can kick me out, and I’m not bothering anyone. I had my first car rental experience not that long ago, when I went to Dubai. Turned out the car rental scene there, even for luxury models, is really well set up https://arabianauracentral.com/luxury-car-rental-in-dubai-for-the-weekend-elevate-your-experience/, and you can seriously upgrade your vacation by renting a luxury car even just for a couple days. Honestly, out of all my expenses in Dubai, the car rental probably made the most sense. Share this post Link to post Share on other sites
