Question

What is a good solution for Pedro if he cannot afford to buy a home in Austin, but still wants to live there, when he starts his career?
A. Move to a different city
B. Rent a house instead of buying one
C. Change careers
D. Refuse to repay on his student loans

Answer 1

Answer:

B. Rent a house instead of buying one

Explanation:

Renting allows an individual to leave in a house that he or she does not own. By renting a house in Austin, Pedro will be entering into a contract with the owner of the house, who will be the landlord.  As consideration for staying in that house, Pedro will be required to pay a fee known as rent. In this agreement, Pedro becomes the tenant.

Renting houses is common in cities. Many individuals cannot afford to buy homes in the cities due to their high prices. Others will rent because their stay in the city is temporary.

Renting has helped many people get dwelling place while in towns. Pedro's wish is to live in Austin. Renting will make his dream come true.