Renting is more advantageous than buying a home when you are seeking:
A)lower living costs in the short run.
B)fewer restrictions regarding remodeling.
C)a long-term investment.
D)tax deductions for property taxes.
E)permanence of residence.

Question

Quizplus · Accepted Answer

Renting typically has lower upfront costs and lower monthly payments compared to buying a home, making it a more affordable option in the short run.

Answer: B
 Renting typically comes with fewer restrictions on remodeling or making changes to the property, as the landlord is responsible for maintenance and repairs.

Answer: C, D, and E are not applicable as they do not align with the advantages of renting over buying.

Renting Is More Advantageous Than Buying a Home When You