#Ex this week's Entrepreneur Diachenko # Post 4 Buy or rent the Israeli dream of many young couples and families…

#Ex this week's Entrepreneur Diachenko # Post 4 Buy or rent the Israeli dream of many young couples and families…

# Initiated week These are Diachenko
# Post 4

Buy or rent❓

The Israeli dream of many young couples and families is to buy a residential apartment ???? ️ And the truth is, they are right when especially approaching the third age, this is a time when it is better to live in an apartment we own, because there is no suitable infrastructure for long-term rent in Israel.

Many always ask me, what is worth buying an apartment or paying rent❓ and I remember the famous phrase "it is better to pay a mortgage on my own apartment than to pay rent to someone else".

There is no unequivocal answer here yes or no❗
What is true of one person or family is not true of another.

I remember about 15 years ago (so I just chose a direction for life), the real estate market was less attractive, that XNUMX was much cheaper than now and so on in terms of apartment prices and who did not see then potential lost ????? ??? ‍♂️.

The mortgage market has changed a lot since then and today mortgage terms and interest rates are in a competitive market and there are a variety of loan options. The field of mortgage advisers also enters our lives and helps us consumers, accompanied by experienced advisers, to receive much better terms and understand how the mortgage market operates and the concepts in it.

As mentioned in the last decade everything has changed here and there is more awareness in the field of real estate, investments ???? Many things happen in the field of real estate in Israel and abroad and in general real estate has become a very popular field.

So .. what should you buy or rent❓

When buying an apartment, there is usually a mortgage function. Assuming we buy an apartment for NIS XNUMX million, in practice we will pay much more than a million because there are many ancillary expenses, a long-term commitment and more. But at the end of the process your apartment.

In renting an apartment, there is no obligation for a period of years, but for what has been agreed with the tenant. Even in the process of renting an apartment, sometimes the rent rises and does not stay as it was.

It is important to remember there is no for or against, there is no right wrong right ❗ There are many parameters that must be checked before deciding to buy a residential apartment or deciding to rent an apartment.

your,
These d.

Link to the original post in the United States Real Estate Forum on Facebook - Works on a desktop computer (To view the post must be members approved for the forum)

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Responses

  1. In my opinion living in your home, mostly for family but not only, is not a matter of financial consideration alone. I see it as a mental matter and this family has a complex problem of shaking up family, schools and the like. Especially since there are not many houses / apartments for long rent in the country.

  2. I will just be or a small question: What is the connection between buying an apartment in Israel and real estate in the US? I will arrange the post for you about the USA: here the laws and taxes are different and the conditions are much more favorable for purchase over rent. Health and success.