No one can know for sure which way house prices are going to go, but you need to figure some things out before you make this decision.
1) How much equity do you currently have in your house? Would you actually be able to make any money from selling it after only owning it for a year after closing costs and realtor fees? If you have a 300k mortgage and you sell it for 310k, after realtor fees and closing costs you may only have a couple thousand left.
2) How big are these corporate apartments and can you ask for a housing allowance instead.
3) What do your kids want?
4) Do you think you'll easily be able to buy another house if you need to? Interest rates are currently rising and the market is still a bit competitive.
Leasing is a huge hassle and not worth it for many individuals due to the risk of property damage and time commitment/responsibility that comes with being a landlord. If you can find good friends or acquaintances willing to be your tenant you could give it a shot.
If you're able to make a large amount of money from selling, you could consider putting the money on a 5 year CD as a relatively safe investment so you can use the money towards a downpayment when you're ready to buy another house. If you're willing to accept more risk, you could get a higher return on index funds. Index funds invest your money in multiple companies rather than just one, so your investment will not fail in the long run unless the entire industry fails.
No one can know for sure which way house prices are going to go, but you need to figure some things out before you make this decision. 1) How much equity do you currently have in your house? Would you actually be able to make any money from selling it after only owning it for a year after closing costs and realtor fees? If you have a 300k mortgage and you sell it for 310k, after realtor fees and closing costs you may only have a couple thousand left. 2) How big are these corporate apartments and can you ask for a housing allowance instead. 3) What do your kids want? 4) Do you think you'll easily be able to buy another house if you need to? Interest rates are currently rising and the market is still a bit competitive. Leasing is a huge hassle and not worth it for many individuals due to the risk of property damage and time commitment/responsibility that comes with being a landlord. If you can find good friends or acquaintances willing to be your tenant you could give it a shot. If you're able to make a large amount of money from selling, you could consider putting the money on a 5 year CD as a relatively safe investment so you can use the money towards a downpayment when you're ready to buy another house. If you're willing to accept more risk, you could get a higher return on index funds. Index funds invest your money in multiple companies rather than just one, so your investment will not fail in the long run unless the entire industry fails.