Debate: Is it better to buy a house or rent a house? I support the statement that buying a house is good (be more specific)

There is a big premise for buying a good house. You are going to settle in that place, not go anywhere else, or even immigrate.

If this premise is met, it means living in that place.

It is estimated that most people are in this situation, except those who are super powerful.

So it is better to buy a house.

Specific arguments are as follows, personal views, for reference only.

1-In the financial system based on paper money, paper money has actually been devalued. Compared with the value of other physical objects, it's really not so good, so you see those people who have a little money and a little investment consciousness basically invest some money in real estate first, especially in the early days. Half is the need of self-occupation, and the other half is the economic value of fixed floating unstable paper money. Looking at other early developed capitalist societies, this is basically the case.

2- Because it is difficult to change the quality of paper money (even if it is changed into electronic money or grain and oil coupons, it still lacks monetary value), inflation has always been the enemy of all countries. Occasionally, it is said that every country has deflation, but it is not necessarily true. Those so-called deflationary countries have actually been deflating internally. Moreover, deflation is also related to population growth and aging. There is no shortage of people in China, and it is estimated that it will take another 20 to 30 years, so inflation is hard to control. In view of this, in China, where investment opportunities are limited, buying a house is almost the only popular way to preserve wealth and settle down. However, this method of buying a house is limited to domestic first-tier cities, second-tier cities and so on, which is really different.

Can you pay the down payment, can you afford it, or visit major cities as soon as possible, otherwise your savings will really be squeezed by inflation in the next 10 year. There are still affordable houses, especially those who have savings and a fixed income, but have no house to struggle in big cities. It's really important to find that house as soon as possible.