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Why might people choose to rent a home rather than buy a home?
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Why might people choose to rent a home rather than buy a home?

User Joe Caruso
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2 Answers

3 votes
People might choose to rent a home rather buy a home because of the following reasons:

1) No maintenance is required.
2) It's easier to move.
3) Avoid owning a depreciating asset.
4) No additional payment for real estate taxes.
5) It doesn't require a huge amount of investment. It can be paid in cash and no need for a big loan to apply.

User Arnis Juraga
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6.6k points
3 votes

Answer:

They may be relocated for a job

Step-by-step explanation:

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User Podperson
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