Over the decades, homeownership has declined because various people have started renting homes. This is because of the financial status and the socio-economic factors that people face in their lives. Several middle class individuals now choose to rent houses instead of buying them. This only means that they are missing out on the benefits that come with homeownership. Owning a house is a good idea if you want to increase your net worth. Furthermore, owning a house is much more stable than renting a new house every few years. Here are a few reasons why you should buy a house instead of renting one. Owning a House is Cheaper Buying a house may seem more expensive, but it is actually much cheaper in the long run. Houses also include maintenance, taxes and insurance, which only increase the cost if you rent it. We are not saying that buying a house is […]