I have a friend who doesn't like to buy properties and would rather rent.  This is ok if he has got other investments that gives a better return than properties. One property that cost rm300k 7 years ago now costs rm900k. So if you can invest in a business that gives you better returns then rent. Also don't forget if you had paid rent for 7 years you would have paid rm126k!! You could have invested in a house already!!