Should I buy or rent a home in Indonesia?
If you have not spent a lot of time in Indonesia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Indonesia could be a good investment and provide both financial security and a sense of stability. Renting may be a better option for those who do not plan to stay in Indonesia for a long period of time, as it is less expensive and does not involve the commitment of a long-term mortgage. Additionally, renting may allow for more flexibility if you decide to move within the country or need to move out of the country. Consider your needs and circumstances before deciding to buy or rent a home in Indonesia," said another expat in Indonesia.
Other Questions:
- What do I need to know before moving to Indonesia?
- How do I find a place to live in Indonesia?
- What is a typical expat home or apartment like in Indonesia?
- What is the average cost of housing in Indonesia?
- Should I buy or rent a home in Indonesia?
- What should I pack when moving to Indonesia?
- What cultural faux pas should I try to avoid making in Indonesia?
- Why do people move to Indonesia?
- What are healthcare services like in Indonesia?
- What are medical services in Indonesia like?
- What are typical rents in Indonesia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Indonesia?
If you live in Indonesia, newcomers to Indonesia would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.