What would you prefer?

If you had the choice of living in a three bedroomed large house on a council estate or a terraced 2 bedroomed house within walking distance (5mins) of a town centre which would you prefer? The three bedroom is on a quiet road and is near schools and public transport (bus/tram) but is further to a train station. The two bedroom has a train line at the back of the house but the double glazing blocks out all noise, but double-decker buses drive down the small road that it is on and the main road nearby can be heard from the house, but not overly loud. Both houses have double glazing and central heating. The two has a small 10ft yard and no front garden, the three has a large 100ft back garden and fairly big front garden. The three has a drive way, but no dropped curb, at the two bedroomed house there is little space to park but there is a possibility of gaining a permit. The rent and council tax are the same price.

What would you prefer?
For me, it would depend on how many people are going to be living there.
Reply:My answer would be the one that you would own. Renting is a waste of money in my personal opinion. If you are going to spend the money, you may as well put it into something that is going to gain you some equity. And in the end you will actually have something to show for what you put all of your money into each month.