3 ms·
There are lots of them. The biggies: Mobility (i.e., not being tied down to the property). Either a) not tying up a lot of money on housing (assuming outright
by torgoguys 10y ago
There are lots of them. The biggies:
Mobility (i.e., not being tied down to the property).
Either a) not tying up a lot of money on housing (assuming outright purchase or large down payment) or b) cheaper monthly payment than a mortgage (small down payment).
Outsourced maintenance (although there are good and bad landlords in this regard).
If there weren't advantages, renting wouldn't be as common as it is.
- asksol 10y agoI agree it has some advantages, but citing commonality seems weird when it's increasingly unlikely for new to be homeowners to afford a home in cities like London, SF, etc. I doubt most people waste thousands of dollars each month for the ability to relocate quickly?