Should I buy or rent a home in Chiang Mai?

If you have not spent a lot of time in Chiang Mai, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"No ownership although many people are building and condo are offering incentives," explained one expat living in Chiang Mai, Thailand.

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"Buying a home in Chiang Mai can be a great investment, as the city is growing in popularity and real estate prices are still relatively low. However, it is important to consider the cost of living in the city, as well as the availability of rental properties. Renting a home in Chiang Mai can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Chiang Mai should be based on individual needs and preferences," said another expat in Chiang Mai, Thailand.

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Should I buy or rent a home in Chiang Mai?

If you live in Chiang Mai, newcomers to Chiang Mai would love to hear your answer to this question.