Manila, Philippines
Should I buy or rent a home in Manila?
If you have not spent a lot of time in Manila, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Manila can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of housing. Renting a home in Manila can be a more affordable option, as it allows you to live in the city without the commitment of a long-term mortgage. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in the city. Ultimately, the decision to buy or rent a home in Manila should be based on your individual needs and financial situation," explained one expat living in Manila, Philippines.
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Should I buy or rent a home in Manila?
If you live in Manila, newcomers to Manila would love to hear your answer to this question.
