Should I buy or rent a home in Vientiane?

If you have not spent a lot of time in Vientiane, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Vientiane is a great option for those looking for a long-term investment. Some advantages include the potential for appreciation in value, the potential to build equity, and potential for tax deductions for mortgage interest. Renting a home in Vientiane is ideal for those who are unsure of how long they will stay in the area, those who don't have the savings for a down payment, or those who may not be able to qualify for a mortgage. The biggest advantage of renting is that it is more flexible and generally involves fewer costs up front," said a member in Vientiane, Laos.

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Should I buy or rent a home in Vientiane?

If you live in Vientiane, newcomers to Vientiane would love to hear your answer to this question.