answersLogoWhite

0

Why is renting better than owning?

Updated: 12/22/2022
User Avatar

Wiki User

7y ago

Best Answer

Renting may be better for some people who can't save up enough cash for a down payment and who don't want the responsibility of owning and maintaining real property. It all depends on the needs and desires of the individual. In other cases owning is better than renting.

User Avatar

Wiki User

7y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is renting better than owning?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What one disadvantage of owning a home compared to renting a place to live?

Monthly mortgage is more expensive than renting


Are home mortgages a good idea?

Yes they are, i would think so as many home owners have them, it is a long term investment but it is worth the while, owning your own home is better than renting.


Why is buying a house more beneficial than renting?

Buying is a personal investment while renting involves giving money to the landlord


Is home renting better in any way when compared to renting an apartment?

Home renting is better financially only when you are renting to own. Other than that, simple advantages could include privacy from neighbors and more space.


List 3 disaduantages of renting?

There are three disadvantages of renting. The three main disadvantages are not owning the place, having a lawn lord and losing money.


What are the main advantages of renting versus owning?

The Main advantage of renting opposed to purchasing a product or a property is that you don't have to deal with selling it or it's quicker to move on or pass on the property.


Is one advantage of owning a home compared to renting a place to live?

Homeowners can make a profit on the sale of their home.


One advantage of owning a home compared to renting a place to live?

Homeowners can make a profit on the sale of their home.


What are some advantages of owning a home compared to renting a place to live?

Homeowners can make a profit on the sale of their home.


Where do esthetician earn highest income?

When you work for your self. Either owning your own skin care place or renting a room.


What are some benefits to renting a tractor for your garden?

The main benfit of renting one versus owning one is you don't have to pay to maintain it. They also will probably save you alot of time if you have a very large garden.


What is the origin of rent a server?

The origin of renting servers comes from the need of clients deciding to host internet based properties. Owning and maintaining a server is fairly costly which is why many turn to renting dedicated servers.