Renting may not be helping you save for your dream house
MANILA, Philippines – Renting is often perceived by many Filipinos as a more practical option than buying a house.
One possible reason is that the down payment for a house requires a huge part of your income and it will probably take some time before you finish saving up for the entire amount. The price for a monthly rent, on the other hand, always looks easier to take out from your wallet.
If you’re already determined to buy a house someday and you’re still renting, maybe it’s time to rethink what you’re doing. It might be slowing your efforts down to save up for your dream house. Here are some reasons why that’s possible.
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