<prompt> Human: Im thinking that in the future I will either sell my house or rent it. I was wondering what kind of math I should be considering in order to decide which makes sense. My house is in a very popular area and the land is quite valuable, making the likelihood that selling vs rent makes sense, but I wondered how you folks think about these things.  <response>: If you can afford it, rent it out. But if you desperately need money sell. As long as the area isnt going down hill the longterm investment of renting will pay off more eventually, whether its for you as a pensioner or your kids when youre gone.I think the defining factor is how much you wantneed money now. Rich people own and lease stuff out. Poor people sell and move on. 