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?