Paying Rent:
* Less immediate financial burden for low-wage employees.
* No huge loan stress if you lose your job.
* Easy to change locations.
* But, rent increases and you never own the place.
Paying EMI:
* You eventually own the house.
* EMI is fixed, unlike rising rent.
* It’s an investment if real estate values go up.
* But, it’s a huge burden if your job isn’t stable.
The choice depends on your personal situation. If you have job security, an EMI is manageable. If not, renting is safer.