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13 April, 14:17

Which best describes why renting a place to live is generally cheaper than buying a home?

Mortgage interest rates are generally higher than the interest rates on other loans.

Apartments and town houses are usually much smaller than single-family houses.

Renters don't own anything as a result of their payments, while homeowners do.

Housing prices can go up and down quickly in comparison to the level of rents.

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  1. 13 April, 15:24
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    Mortgage interest rates are generally higher than the interest rates on other loans.
  2. 13 April, 16:57
    0
    Answer: renters don't own anything as a result of their payments, while homeowners do.

    Explanation:

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