Question

Why might people choose to rent a home rather than buy a home? They have a lot of money saved for a down payment. They may be relocated for a job. The interest rates on equity are too high. The maintenance costs are more reasonable for renters.

Answer 1

Answer:  They may be relocated for a job

There are many people in the United States that don’t tend to buy their own house and prefer to live on rent, the major reason that they do not buy their own house is because of the nature of their job. The job that they do, require a lot of moving around in the states which as a result demands for them to move frequently and in such cases many people avoid to buy a house because you cannot live in it for a long period of time.

Answer 2

Just took the test and it was B. they may be relocated for a job