The dilemma of choosing between rent and financing is present in most Brazilians, especially in the city. This is a very common and frequently asked question by clients for real estate agencies, and here at 620 north lasalle large office for rent, for example this is no different.
With that in mind, we decided to create this article tries to explain a little about the advantages and disadvantages of each one, but before starting our approach, it is worth remembering that there are no formulas or standards to prove what is more feasible; since this, the question depends on several different variables, but let’s get to the point:
Mobility
There are several different types of personalities. As we said earlier, it all depends on different variables; for example, there are executive profiles, profiles of families who like to live in different places, and profiles of traditional families, among others. Many people lead a lifestyle in which they live for a short period in a property, as they value freedom and the instinct of wanting to know new places, new people, etc.
The profession requires constant travel and changes when it comes to an executive profile; it is essential to prioritize mobility. Thus, based on these cases, it becomes unfeasible to finance a property in the short term. However, it is feasible to finance a property for the summer, that is, to have a property for the holiday season, rest on weekends, etc.
Renting is undoubtedly the best option for those who seek more mobility and need to make constant changes in their daily lives.
Stability
Unlike those looking for mobility, financing a property or even purchasing it with cash payment may be the most appropriate option that offers greater satisfaction in terms of the expectations arising from the property. More traditional families tend to prioritize greater stability, security, and quality of life to ensure a more solid structure for the future and continued development of family members.
For large families who like to live in harmony, purchasing a property (regardless of payment) is a great opportunity to provide a solid and fully structured family base. Stability is a factor that, in addition to being fundamental for family development, also provides people with psychological security; that is, it is essential for residents to know that they will have a home for themselves and their children, that this property will be close to their children’s school, close to work, college, etc.