The dilemma: buy or rent?
The decision between buying or renting a property is a question that many people ask themselves, especially in a constantly evolving economic environment. In 2024, the variables that influence this choice are many, including property prices, interest rates and the availability of rental properties. Recent studies have highlighted how, in some Italian cities, the mortgage payment may be comparable to the rent, making the purchase a more advantageous option
.
Cost analysis: mortgage vs. rent
According to a survey by the Tecnocasa Group Research Office, the comparison between the mortgage payment and the rent in large Italian cities reveals interesting data. For a two-room apartment, for example, the purchase is convenient in cities such as Bologna, Bari, Turin, Verona, Palermo and Genoa. In Milan, Rome and Florence, although the mortgage payment exceeds the rent, the difference is small, suggesting that even in these metropolises, the purchase
may be a valid choice.
Future prospects of the real estate market
Forecasts for 2024 indicate a slight increase in house prices and a decrease in sales. This scenario could make buying even more attractive, especially if interest rates continue to fall. In addition, the low supply of rental properties is creating pressure on the market, increasing competitiveness for tenants. Therefore, those looking for a property could find significant advantages in buying rather than renting.
