Question

List two advantages of buying and two advantages of renting

Answer 1

Here are your answers:                                                                                   Renting:                                                                                                               1. When you rent something you will have for a good amount of time.               2. When you rent something you have control over it since you rented it with your money.                                                                                                    Buying:                                                                                                                 2, You get to keep it forever.                                                                      3. you can sell it for more so you can make a profit to buy something else.

Answer 2

Answer:

advantages of buying:

-you own your own property

-the value of your property may increase over time

-you can improve or decorate your house as you wish

advantages of renting:

-your landlord is responsible for repairs

-you need to pay fewer up-front cost

-paying rent on time helps you build a good credit history

-renting is better if you dont plan to stay long

-you can have roomates to share costs