Why might people choose to rent a home rather than buy a home? A. They have a lot of money saved for a down payment.
B. The property maintenance is the owner’s responsibility.
C. The interest rates on equity are too high.
D. They have a long-term commitment to the area.
Why might people choose to rent a home rather than buy a home?
Share
The correct answer is B. The property maintenance is the owner’s responsibility.
This is because when renting a home, tenants typically are not responsible for property maintenance and repairs; those responsibilities fall on the landlord or property owner. This can be appealing to individuals who prefer not to handle the costs or efforts associated with maintaining a property.