Ask Question
BusinessBusiness
6 January, 03:38

One reason to buy a home instead of rent a home is:

+3
Answers (1)
  1. 6 January, 07:31
    0
    When you rent a home for a long time (for example 15 years) you will pay more money than if you buy a home. This is due to the fact that when you buy a home it will cost you some money (you will likely get a mortgage) but after you payed everything the house is yours so you won't have to pay the money you would other wise pay for the rent
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “One reason to buy a home instead of rent a home is: ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A trial balance (select one): a. is a list of accounts with their balances at a given time. b. proves that proper account titles were used. c. will not balance if a correct journal entry is posted twice. d.
Answers (1)
A group of venture investors is considering putting money into Lemma Books, which wants to produce a new reader for electronic books.
Answers (1)
Suppose the interest rate on a 1-year T-bond is 5.00% and that on a 2-year T-bond is 6.00%. Assume that the pure expectations theory is NOT valid, and the MRP is zero for a 1-year T-bond but 0.40% for a 2-year bond.
Answers (1)
Vernon spends the following percentages of his budget on the following goods: 23 percent on good A, 11 percent on good B, 1 percent on good C, and 3 percent on good D. For which good is price elasticity of demand the highest, ceteris paribus? a.
Answers (1)
the percentage of totoal workers who are out of work but seeking jobs and willing to work is known as the ___ rate?
Answers (2)
New Questions in Business
Which of the following comparisons best isolates the impact of a change in activity on performance?
Answers (1)
If an investor anticipates an annual rental income from a leased property to be $400,000 dollars, this expected sum has a direct bearing on what the investor will pay for the property. This is an example of
Answers (1)
In comparison to industry averages, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio. Which of the following would be the most reasonable inference about Okra Corp.? A. Its current liabilities are too low. B.
Answers (2)
The individual with the highest valuation of the good will win in which of the following auctions? A. Sealed Bid Auction B. English Auction C. Dutch Auction D. All of the above.
Answers (1)
Explain how banks can create money.
Answers (1)
Home » Business » One reason to buy a home instead of rent a home is:
Sign Up Forgot Password?