If you are going to be in an area less than three years, renting may be better than buying from a financial standpoint.

Question

Quizplus · Accepted Answer

Renting can be more cost-effective than buying if you plan to stay in an area for a short period (less than three years) due to the upfront costs associated with purchasing a home, such as down payment, closing costs, and the time it may take for the property to appreciate in value to offset these expenses.

If You Are Going to Be in an Area Less