Question

Is it better to own or rent and why?


(Thank you)

Answer 1

Answer is to rent, renting gives you sense of responsibility while owning a home can lead to extra payments

Answer 2

Renting offers flexibility, predictable monthly expenses, and someone to handle repairs. Homeownership brings intangible benefits, such as a sense of stability and pride of ownership, along with the tangible ones of tax deductions and equity.

Step-by-step explanation:

In general, the short-term costs of renting are lower than the costs of buying a home.