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ID number:640906
 
Evaluation:
Published: 07.11.2002.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Why Rent?;
Rent vs Buy;
advantages and disadvantages of renting;
You can usually rent an apartment or house for much less than the monthly cost of buying it.
In renting you initially normally have to come up with only the first and last month's rents.
You don't have to come up with the thousands of dollars in up-front fees or closing costs, such as inspections, legal fees, land transfer taxes, insurance, etc., as do home buyers.
Be freer to move.
You will have no huge long-term financial investment and commitment to consider, so when you need or want to leave, you can do so.

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