why might people choose to rent a home rather than buy a home?\no they have a lot of money saved for a down…

why might people choose to rent a home rather than buy a home?\no they have a lot of money saved for a down payment.\no the property maintenance is the owners responsibility.\no the interest rates on equity are too high.\no they have a long - term commitment to the area.

why might people choose to rent a home rather than buy a home?\no they have a lot of money saved for a down payment.\no the property maintenance is the owners responsibility.\no the interest rates on equity are too high.\no they have a long - term commitment to the area.

Answer

Brief Explanations:

When renting, property - related maintenance falls on the owner, which is an advantage. Having a lot of down - payment money favors buying. High equity interest rates are not a typical reason for renting. A long - term commitment usually leads to buying.

Answer:

The property maintenance is the owner's responsibility.