Question

Compare and contrast renting and owning a home

Answer 1

Renting a home the advantages would be that a large sum would not be blocked hence once can invest that money for interest or profit, whereas the disadvantage that one has to pay a monthly even after 10 years of paying rent you have no authority over the place. owning a home on the other hand would result in no rents and all the money for rent can be saved or invested disadvantage that a large sum of money is blocked which could have been invested