Should I buy or rent a home in Micronesia?

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

"When deciding whether to buy or rent a home in Micronesia, it is important to consider the cost of living, the availability of housing, and the length of time you plan to stay in the country. Buying a home in Micronesia can be a great investment if you plan to stay in the area for a long period of time, as it can provide you with a stable place to live and the potential for appreciation in value. However, if you are only planning to stay in the country for a short period of time, renting a home may be a more cost-effective option. Additionally, it is important to consider the availability of housing in the area, as there may be limited options for buying or renting a home," wrote a member who made the move to Micronesia.

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Should I buy or rent a home in Micronesia?

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