HOW TO PREPARE FOR AN ECONOMIC COLLAPSE, PART 6
Should I Rent Or Buy?
This really depends on your situation.
Renting gives you a lot more flexibility. You can easily move for a new job, a new opportunity, or a sudden relocation without all the trouble of selling a house. And you get to avoid a lot of the expenses and hassles that come with being a homeowner.
If you buy, you get to "lock in" your housing expenses for many years. In a highly inflationary environment, this could be very beneficial. And interest rates are very low right now.
In addition, it's going to be really hard to rent a really good "prepper" property. If you are looking for a property that is away from the big cities where you can grow your own food and become more independent of the system, then in most cases you are going to have to BUY such a property.
If you DO buy, it's going to be much harder to move if something does happen and you need to go somewhere else.
Best advice? Pray about it. Do not move unless you are in agreement and/or have sought wise counsel. Go with that which brings about the peace that passes all understanding.
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