Should I buy or rent a home in Guangzhou?
If you have not spent a lot of time in Guangzhou, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"If you are planning on staying in Guangzhou for an extended period of time, buying a home is often a better financial decision than renting. Owning a home will provide you the stability of not having to worry about sudden rent increases, and you can also make money on your investment if you decide to sell it in the future. Additionally, buying a home in Guangzhou gives you the opportunity to familiarize yourself with the local area and culture and create deeper roots in the community. On the other hand, renting may be a better option if you are not yet sure on how long you plan to live in Guangzhou, since it can be costlier to break a long term contract than a short term rental," said a member in Guangzhou, China, China.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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Other Questions:
- What do I need to know before retiring in Guangzhou?
- What do I need to know before moving to Guangzhou?
- How do I find a place to live in Guangzhou?
- What is a typical expat home or apartment like in Guangzhou?
- What is the average cost of housing in Guangzhou?
- How do I meet people in Guangzhou?
- What should I pack when moving to Guangzhou?
- Where should I setup a bank account in Guangzhou?
- Will I be able to find a job in Guangzhou?
- What is life like in Guangzhou?
- What do people like (and dislike) about Guangzhou?
- What type of social life can someone expect in Guangzhou?
- What is the social scene like in Guangzhou?
- What advice to expats in Guangzhou have about housing?
- What are medical services in Guangzhou like?
- Are healthcare and health insurance expensive in Guangzhou?
- Is the cost of living in Guangzhou high?
- What are the visa & residency requirements in Guangzhou?
- Why do people move to Guangzhou?
Should I buy or rent a home in Guangzhou?
If you live in Guangzhou, newcomers to Guangzhou would love to hear your answer to this question.