Before purchasing a house, a person must decide whether to rent or buy. In considering the pros and cons, which would be considered an advantage of owning rather than renting?

Question

Quizplus · Accepted Answer

Owning a house provides the advantage of tax deductions, potential appreciation of the property's value, and greater control over the property compared to renting. Therefore, all of the above options are considered advantages of owning rather than renting.

Before Purchasing a House, a Person Must Decide Whether to Rent