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Which of the following is not an advantage of renting rather than owning a home?

A. Renters can walk away from a lease whenever they want while homeowners are stuck.
B. If housing prices go down, the renter doesn't lose money from the loss of home value.
C. If big expensive repairs are needed, the renter generally doesn't have to pay for them.
D. Many apartments have shared facilities that renters don't have to buy on their own.

User Branoholy
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1 Answer

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Final answer:

The correct answer is A. Renters can walk away from a lease whenever they want while homeowners are stuck.


Step-by-step explanation:

The correct answer is A. Renters can walk away from a lease whenever they want while homeowners are stuck. This is not an advantage of renting rather than owning a home. Homeowners are indeed stuck with their mortgage and cannot simply walk away from it. Renters, on the other hand, have the flexibility to move out at the end of their lease or in some cases, break the lease early with some penalties.


Learn more about Advantages of renting vs owning a home

User Salin Kunwar
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