For: Buying a house on mortgage is a feasible option.Housing prices are keeping rising, especially in many parts of the country.Hesitating to buy a house means that you will never afford to buy you own house in the future.Nowadays the interest rates are pretty much lower.Nobody knows whether this favorable financial policy will be changed or not.most people have the strong desire to settle down.For those people who have strong career stability and can afford to pay the monthly mortgage,buying a house on mortgage is a feasible option.Against: Don't be a mortgage slave.Don't be a mortgage slave.The housing price is so high that life is hard for most people who earn just enough to pay their mortgage.They will take a very heavy financial burden, as they have to pay their mortgage monthly.The costs for buying a house could add up to about 6% of the sale price,or roughly two or three years' worth of rents.Renting a house makes it possible to lead a comfortable life.
