About Me
My name is Chakriya PHOU. I am a fan of 'baby pig' and 'happy.' That’s why I chose to name my website Very Happy Piglet.
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Between renting a house and buying a house using a bank loan, which one is better?
This is a question that people, especially those who work in the office, usually ask themselves. Honestly, who doesn’t want to own their own house? Everyone wants privacy. But is it wise to take out a loan from the bank to purchase a house? Most people might think buying a house is better than renting if they save money and have a salary, because after many years, they still won't own the house. In contrast, if they take a loan to buy a house, their monthly payments may be similar, but eventually, the house will belong to them. It is not wrong to think that way, but you should consider it carefully because even with a salary and a stable living situation, a small change could significantly impact your entire life. Therefore, if you are considering taking out a bank loan to purchase a house, evaluate your finances and overall economic situation in the following ways: How many sources of income do you have? If you have only one source of income, you might pos...
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