Going by the present situation in California, Which is the safer option “home buying or renting”?
It depends on your situation. For some, buying could be riskier than renting, regardless of the real estate market. It is always a good time to buy if you are the right person for it. For most people, buying right now is not a bad thing, especially with lower interest rates, even though down payments are typically required. A 3rd option might be leasing a home (rent-to-own). You can often secure a price of a home with a smaller down payment with a lease. If the market really does tank, you are only out a small down payment rather than a down payment and being upside down in a home.
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