Buy vs. Rent: Which is Better for You? A Financial Guide

• Renting offers flexibility for job changes and transfers, with HRA providing tax exemptions and annual savings.
• Landlords cover house repairs, property tax, and major renovations, reducing tenant's financial burden.
• Buying a home offers tax benefits on home loan interest and principal, reducing taxable income.
• Property value appreciation over time can lead to significant future profits, making it a strong investment.
• Decision depends on income, job stability, and future plans; financial prudence is key.