Should I buy or rent a home in Qingdao?

"If you are planning to live in Qingdao, you should consider both the buying and renting options. When deciding whether to buy or rent, you should factor in the amount of money you have available, how long you plan to stay in the city, and your own personal preferences. Buying can be an expensive option and you will need to save for the long-term investment, but it can build equity and provide stability in an area if you decide to stay for a longer period of time. On the other hand, renting offers more flexibility and requires less of a commitment than buying a home and can be more affordable on a monthly basis. Ultimately, it is important to weigh all of your considerations when making a decision," mentioned another expat when asked about moving to Qingdao, China, China.