Question

Prompt
What are the advantages of buying a home instead of renting?

Answer 1

Buying a home is the biggest financial decision many people make.

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Owning vs. Renting.

Own Or RentAdvantagesDisadvantagesRentingLower housing costs Shorter-term commitment No/minimal maintenance and repair costsNo tax incentives No fixed housing costs No building of equity

Answer 2

buying a home means it your actual house, renting is like you’re paying to stay in someone else’s house