Should I buy or rent a home in Paris?
If you have not spent a lot of time in Paris, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"When deciding to buy or rent a home in Paris, it is important to weigh the pros and cons of each option and carefully analyze one's individual needs and desires. Buying a home in Paris offers the benefit of establishing a lasting presence in the city and allowing the buyer to build equity in their home. However, it also demands a large investment in terms of money and time, as maintenance and upkeep needs must also be taken into account. Renting a home in Paris gives one the flexibility to change location and surroundings more easily than when owning a home, but does require an ongoing commitment of expense. Ultimately, the choice of whether to buy or rent a home in Paris should be based on the individual's particular goals and desired lifestyle," explained one expat living in Paris, France, France.
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- What are the visa & residency requirements in Paris?
- Why do people move to Paris?
Should I buy or rent a home in Paris?
If you live in Paris, newcomers to Paris would love to hear your answer to this question.