{"id":271723,"date":"2016-12-14T03:02:34","date_gmt":"2016-12-14T03:02:34","guid":{"rendered":"http:\/\/localhost\/borrow\/?p=29"},"modified":"2020-09-19T09:53:57","modified_gmt":"2020-09-19T09:53:57","slug":"business-man-thinking-for-loan","status":"publish","type":"post","link":"https:\/\/financezoneaustralia.com.au\/index.php\/2016\/12\/14\/business-man-thinking-for-loan\/","title":{"rendered":"Buy vs Rent &#8211; What\u2019s the Best Option in 2020?"},"content":{"rendered":"<body><p>With interest rates at their lowest level in more than 50 years, in many locations around Australia, it\u2019s now become cheaper to buy than rent.<\/p>\n<p>So, should renters start thinking about buying?<\/p>\n<h3>Pros of Buying<\/h3>\n<ul>\n<li>Record low interest rates mean record low repayments.<\/li>\n<li>The Government is throwing tens of thousands of dollars\u2019 worth of incentives at first home buyers.<\/li>\n<li>You\u2019re buying an asset that will appreciate over time.<\/li>\n<li>It\u2019s yours and you can do what you want with it \u2013 including hanging pictures on the walls.<\/li>\n<\/ul>\n<h3>Pros of Renting<\/h3>\n<ul>\n<li>You can live anywhere you want including higher priced suburbs, which might not be easy to buy into.<\/li>\n<li>You won\u2019t need to save up a large deposit to continue as a renter.<\/li>\n<li>The landlord will pay for maintenance and repairs.<\/li>\n<li>You\u2019re free to move and live in different areas and cities.<\/li>\n<\/ul>\n\n\n<p><\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>With interest rates at their lowest level in more than 50 years, in many locations around Australia, it\u2019s now become cheaper to buy than rent. So, should renters start thinking about buying? Pros of Buying Record low interest rates mean record low repayments. The Government is throwing tens of thousands of dollars\u2019 worth of incentives [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[15],"jetpack_featured_media_url":"https:\/\/financezoneaustralia.com.au\/wp-content\/uploads\/2016\/12\/blog-post-2-2.jpg","_links":{"self":[{"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/posts\/271723"}],"collection":[{"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=271723"}],"version-history":[{"count":2,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/posts\/271723\/revisions"}],"predecessor-version":[{"id":271943,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/posts\/271723\/revisions\/271943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/media\/670"}],"wp:attachment":[{"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=271723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=271723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financezoneaustralia.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=271723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}