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Buying isn't always a better idea than renting. The OP lives in Spain, but the nytimes has a US based rent/buy calculator that is very good: http://www.nytimes
by mikebo 16y ago
Buying isn't always a better idea than renting. The OP lives in Spain, but the nytimes has a US based rent/buy calculator that is very good:
http://www.nytimes.com/interactive/business/buy-rent-calculator.html http://www.nytimes.com/interactive/business/buy-rent-calcula...
It basically comes down to how long you'll be in the house, and how much you think it will appreciate over that time. There are plenty of scenarios where renting comes out ahead.