Answered

Which of the following is not an advantage of renting rather than owning a home?

A. Renters can walk away from a lease whenever they want while homeowners are stuck.

B. Many apartments have shared facilities that renters don't have to buy on their own.

C. If big expensive repairs are needed, the renter generally doesn't have to pay for them.

D. If housing prices go down, the renter doesn't lose money from the loss of home value.



Answer :

GinnyAnswer

Final answer:

The answer explains the advantages and disadvantages of renting versus buying a home, highlighting the difference in outcomes when housing prices decrease for renters.


Explanation:

Renting vs. Buying a Home

Advantages of Renting:

  • Renters can walk away from a lease whenever they want.
  • Renters generally don't have to pay for big expensive repairs.

Disadvantages of Renting:

  • Renters don't build equity as homeowners do.

Therefore, the correct answer to the question is that if housing prices go down, the renter doesn't lose money from the loss of home value.


Learn more about Renting versus Buying a Home here:

https://brainly.com/question/46112317


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