as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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in general, is it financially better to buy or to rent a house?
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which is generally the better option (financially)? invest. if you can return 7-8% (less than the historical return of the s&p 500) on your money over the course of 25 years this will outperform purchasing personal property. if you want to own a house for other reason apart from the financial benefits then buy a house. will you earn 7-8% on your money, there is a pretty good chance this is no because investors are prone to act emotionally.
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