Question

(50 points)PLEASE I NEED HELP WITH THIS FOR MY ELECTIVE

Answer 1

I believe it is best to own a house because you don't have to worry about rent, you would be able to save a lot more money. But even though you could save money you would be responsible with any issues your house has (like leaks, rotten floors etc.) although as long as you keep your house clean and in good shape you are more likely to be fine and have no financial issues. 62.1% of people in the U.S own their own households because of the save in money. The other 37.9% rent their homes, most likely because of lack of money. Owning your household helps a lot with stress as well according to mental health doctors, owning a house takes down a little over 30% of stress over money.