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The potential for your monthly living expenses to increase and the fact that your money is not being invested are both _____.

disadvantages to renting
disadvantages to buying a home
advantages to buying
advantages to renting

User Cristis
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2 Answers

1 vote
disadvantages to renting because buying is an investment the money is not being invested
User CasaDelGato
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3 votes

Answer:

your monthly living expenses increasing and your money not being invested are both disadvantages to renting

Step-by-step explanation:

Renting a house has a disadvantage because in renting a house your rent aren't fixed and can mostly likely be hiked monthly or even yearly and this contributes to increase in your living expenses without giving you any form of returns on investment. unlike with buying a home where you can claim deductions for mortgage interest and property taxes when you file your tax returns renting a home doesn't give you such

User TallBrianL
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