Renting is almost always a better financial option since owning a home has so many costs including maintenance, insurance, and taxes.

Question

Quizplus · Accepted Answer

While renting may offer flexibility and potentially lower short-term costs, owning a home can be a better financial option in the long term due to the potential for property value appreciation, building equity, and tax benefits, despite the costs of maintenance, insurance, and taxes.

Renting Is Almost Always a Better Financial Option Since Owning