Should I buy or rent a home in New York City?
If you have not spent a lot of time in New York City, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Whether you should buy or rent a home in New York depends on your individual circumstances. Buying a home can be a great investment, as it can provide you with a steady source of income if you decide to rent it out. However, it also requires a large upfront investment and can be a long-term commitment. Renting a home can be a more flexible option, as it allows you to move more easily and does not require a large upfront investment. Ultimately, the decision of whether to buy or rent a home in New York should be based on your individual needs and financial situation," wrote a member who made the move to New York, the United States.
William RussellGet Quote
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William RussellWilliam Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote
Other Questions:
- What do I need to know before retiring in New York City?
- What do I need to know before moving to New York City?
- How do I find a place to live in New York City?
- What is a typical expat home or apartment like in New York City?
- What is the average cost of housing in New York City?
- How do I meet people in New York City?
- What should I pack when moving to New York City?
- Where should I setup a bank account in New York City?
- Will I be able to find a job in New York City?
- What is life like in New York City?
- What do people like (and dislike) about New York City?
- What type of social life can someone expect in New York City?
- What is the social scene like in New York City?
- What advice to expats in New York City have about housing?
- What are medical services in New York City like?
- Are healthcare and health insurance expensive in New York City?
- Is the cost of living in New York City high?
- What are the visa & residency requirements in New York City?
- Why do people move to New York City?
Should I buy or rent a home in New York City?
If you live in New York City, newcomers to New York City would love to hear your answer to this question.
