Which of the following is an advantage of home ownership?

Question

Quizplus · Accepted Answer

Option A is not an advantage as it mentions the lack of short-term liquidity. Option B is a responsibility of the homeowner and may be seen as a disadvantage by some. Option C, the significant growth of home prices over longer periods of time, is an advantage as it allows the homeowner to build equity and potentially make a profit if they decide to sell in the future. Therefore, option C is the correct answer. Option D is incorrect as all three options given are not disadvantages. Option E is incorrect as option C is an advantage of home ownership.

Which of the Following Is an Advantage of Home Ownership