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List two advantages of buying and two advantages of renting

User MiStr
by
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2 Answers

1 vote

Answer:

advantages of buying:

-you own your own property

-the value of your property may increase over time

-you can improve or decorate your house as you wish

advantages of renting:

-your landlord is responsible for repairs

-you need to pay fewer up-front cost

-paying rent on time helps you build a good credit history

-renting is better if you dont plan to stay long

-you can have roomates to share costs

User Nishit
by
6.1k points
5 votes
Here are your answers:                                                                                   Renting:                                                                                                               1. When you rent something you will have for a good amount of time.               2. When you rent something you have control over it since you rented it with your money.                                                                                                    Buying:                                                                                                                 2, You get to keep it forever.                                                                      3. you can sell it for more so you can make a profit to buy something else.
User Mahendra S
by
6.4k points
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