why is buying a home generally considered a better investment than renting a home?\nyou gain equity when you…

why is buying a home generally considered a better investment than renting a home?\nyou gain equity when you own a home\nyou gain a share of the builders stock\nyou are required to maintain a rental property, which is an income drain\nyou gain equity in a rental property\nclear all

why is buying a home generally considered a better investment than renting a home?\nyou gain equity when you own a home\nyou gain a share of the builders stock\nyou are required to maintain a rental property, which is an income drain\nyou gain equity in a rental property\nclear all

Answer

Brief Explanations:

Owning a home allows you to build equity over time as you pay down the mortgage and the property may appreciate. Renting does not provide this equity - building opportunity. You don't gain a share of the builder's stock just by owning a home. Maintaining a rental property is a cost for the landlord, not a reason home - ownership is better than renting. And you don't gain equity in a rental property as a renter.

Answer:

You gain equity when you own a home