If you have just been transferred to a new city and plan to live in your new location for many years,buying a house is generally a better option than leasing for the first year.

Question

Quizplus · Accepted Answer

Buying a house gives you the potential for long-term financial benefits such as equity and appreciation, as well as stability and the ability to customize your living space to your preferences. Leasing, on the other hand, typically involves higher monthly costs and no potential for long-term financial benefits. If you plan on living in your new location for many years, buying a house is generally a better option.

If You Have Just Been Transferred to a New City