Buying a home is a big step, it's quite possibly the most money you'll ever spend in a single transaction. It's a decision that may commit you to years, or even decades of mortgage repayments. It's not a decision that should be taken lightly.

There are many good reasons to buy, and many good reasons not to. There is no absolute right or wrong answer. Here we present some of the arguments for and against and leave the rest to you.

In time we'll add more pros and cons. We'll also espand the discussion of each.