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