Is building a house cheaper than buying it ?

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Well, for me, I'd say it really depends. Building a  house is cheaper sometimes and buying a house is also cheaper sometimes. In my opinion, the right question should be, Which is more beneficial, building a house or buying one?

When you build your own house, 

• you decide how much you are going to spend for it. If you want  simple house, you spend less. But if you are building your dream house, then you need to spend more.
• you  decide what your house should look like. You want European styled house? Or Korean, Chinese and Japanese styled? Its your call especially when your funds is abundant.
• you decide what amenities should be put in. You love water? Then you can put a pool around your house. And, 
• you decide when you want it completed. You want to finish the construction in a few months, then you hire more workers. 

Whereas, when you buy a house, you do not know if it can withstand any conditions. Yes, it may be is cheap but what if the materials used are sub-standard? It can be hazardous to you. Yes, it may be is expensive but are you sure the materials used are of good quality? Are the workers skilled enough for the job?

Therefore, if I were to decide, I'd rather spend big sum of money building a house because I am the one supervising the construction. I can sleep peacefully because I've seen first hand the construction so I'm confident it would keep me safe.