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A financial advantage of renting compared to purchasing housing is: a. required security deposit....

Question:

A financial advantage of renting compared to purchasing housing is:

a. required security deposit.

b. the legal obligation.

c. no need for a down payment.

d. stable monthly payment.

e. income tax treatment.

Real Estate:

Real estate is a popular asset class for investors. While it is one of the most illiquid, it is also one of the most competitive, especially in certain areas of the country. This is because there are many benefits to owing real estate as an investment including: it has a high asset value, it has competitive risk-adjusted returns, it provides a hedge against inflation, and it helps to diversify the portfolio.

Answer and Explanation:

a. required security deposit.

False, this is not an advantage.

b. the legal obligation.

False, the legal obligation is negligible.

c. no need for...

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Buying a House: Mortgage Types & Loan Length

from Finance 102: Personal Finance

Chapter 7 / Lesson 4
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