Which best explains why buying a house is more beneficial than renting?
1. Buying is a personal investment while renting involves giving money to the landlord.
2. The monthly payments on a mortgage are generally lower than rent on an apartment.
3. It's easier to sell a house than it is to get a landlord to break a rental agreement.
4. Housing prices can go up and down quickly in comparison to the level of rents.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which best explains why buying a house is more beneficial than renting? 1. Buying is a personal investment while renting involves giving ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Accepting a special order will improve overall net operating income if the revenue from the special order exceeds: a. the contribution margin on the order. b. the incremental costs associated with the order. c.
Answers (1)
In the lease versus buy decision, leasing is often preferable a. because, generally, no down payment is required, and there are no indirect interest costs. b.
Answers (1)
How many days does your license get revoked for a first time DUI
Answers (2)
Since only a few firms dominate the oligopoly market, cutthroat competition does not exist. a. True b. False
Answers (1)
Mary, the recruiter for Aurora Borealis Lighting Inc., decides to hire an individual who has the ability to learn on the job. They estimate it will be two years before the new hire will be fully productive.
Answers (1)
New Questions in Business
Peterson Company estimates that overhead costs for the next year will be $3,400,000 for indirect labor and $850,000 for factory utilities. The company uses machine hours as its overhead allocation base.
Answers (1)
If you are in sydney, australia, and plan to attend a web conference being held at 10:00am us pacific daylight time (pdt) on 29 may 2012, at what local time do you need to log in?
Answers (1)
Lake Charles Seafood makes 550 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three 8-hour shifts per day instead.
Answers (1)
In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is "great for the world ... I think the reality is you can see that countries in the world ... that isolate themselves, it's not good for their people.
Answers (1)
A demand curve that is horizontal indicates that the commodity
Answers (1)