Why This Property Renting Vs Buying Comparison Is Wrong

Discussion in 'Adrian Wong' started by Adrian Wong, Nov 17, 2015.

  1. Adrian Wong

    Adrian Wong Da Boss Staff Member

    A few days ago, Property Insight Malaysia, a monthly property investment magazine, posted this comparison on renting vs buying a property on their Facebook page. They claim that renting a RM 320,000 property (instead of buying it) will save youRM 112,570 in upfront costs, and RM 823 in monthly expenditure.

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    Shocking, isn’t it? With figures like that, who in the right mind would buy a property?

    What’s really shocking though is the fact that a property investment magazine would come up with such a terribly inaccurate and misleading comparison.

    Let’s break down their comparison and show you why it is literally “bullshit” @ Why This Property Renting Vs Buying Comparison Is Wrong
     

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