Is it better to buy a house or rent a house in 2023

Before buying or renting in 2023, you need to highlight many factors.

its projects, its necessary funding and its economic background. Take the time to find the right decision and our explanations will help you choose between buying or renting the house of your dreams.

Should you buy or rent your house in 2023?

More than half of French people own their home. There are other plans to do so, for which they must of course have the necessary funds and a correct estimate of the current economic situation. Buying or renting a house, you should carefully study important indicators such as mortgage interest rates and price per square meter. 22 years of green indicators, good luck buying a house.

Interest rate :

The current low borrowing rates of some banks are trending up. Borrowing rates are an important factor if you want a more profitable home.

Price per square meter:

The rates of real estate loans are increasing contrary to real estate prices and certain charges.

Taxes:

Housing taxes are beginning to disappear, property taxes are stagnating. This is encouraging for both owners and renters, so becoming a homeowner in 2023 is a good possibility with lower taxes. Better to rent in a big city.

Calculate the amount of your loan with real estate simulator

It is strongly recommended to rent or buy a house with the help of a real estate agent. She will be exclusively in charge of your sales and she will study your project in terms of price per square meter. Thus, your real estate agent will be at your side. A real estate simulator is an important benchmark that will help you make the right choice to buy or rent.

Here is some information to provide:

• Quantity of goods to be acquired
• Estimated duration of the loan
• Loan and insurance rates
• Agency fees and notary fees
• Estimates and quotes for works and taxes
• Number of years of possible resale
• The rent

Thanks to this type of real estate simulation, your project and the duration of your loan will be clearer. They will help you understand when your purchases will be profitable.

What are the benefits of buying or renting a home in 2023?

Buying a property is synonymous with a certain freedom. Peaceful living - you will be the owner of the place, even planning renovations.

Also, to ensure a financially possible future. You will be able to make a "house purchase" and obtain the co-ownership. Buying a home is always better than renting.

Be careful, plan the amount of property, notary and agency fees, and calculate the amount of local taxes. In fact, you must be prepared to ensure that all renovations are carried out on your acquisition.

Always keep the amount broken down, leasing offers less liability.