When providing advice to a client on whether it is best for them to rent or buy a family home based only on financial grounds, the advice:

Question

Quizplus · Accepted Answer

Option A is generally true because the lower interest rates make the monthly mortgage payments more affordable, and flat housing prices mean there is no urgency to buy as prices are not expected to spike soon. Option B is also true because in a tight rental market, rents are high, and buying a property may result in lower monthly payments. However, it is important to note that the decision to rent or buy is not solely based on financial grounds, and other factors such as lifestyle, job stability, and personal preferences should also be considered.

When Providing Advice to a Client on Whether It Is