Should I buy or rent a home in San Juan?

"The decision to buy or rent a home in San Juan, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in San Juan for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in the area for a long period or if you prefer not to have the responsibilities that come with homeownership. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also means you won't have to worry about maintenance costs or property taxes, which are typically covered by the landlord. However, the rental market in San Juan can be competitive, and rental prices may be high depending on the area. It's also worth considering that when you rent, you won't see a return on the money you spend, whereas buying a home can be an investment that grows over time. In conclusion, both buying and renting have their pros and cons, and the best choice depends on your individual circumstances and goals. It's important to carefully consider your options and perhaps seek advice from a financial advisor or real estate professional before making a decision," mentioned another expat when asked about moving to San Juan, Philippines.