Renting is generally the least costly alternative
A)for those who move often.
B)when property taxes are high.
C)for smaller families.
D)when interest rates are low.
Buying rather than renting a home is usually a better alternative
A)for single dwelling units.
B)for multiple dwelling units.
C)for longer holding periods.
D)for shorter holding periods.
Which item below would most likely not favor buying (versus renting)a personal residence?
A)You expect inflation to increase.
B)You expect an increase in income taxes.
C)You expect mortgage rates to rise.
D)You anticipate relocating frequently because of your job.
Which does not make owning a home relatively more attractive than renting?
A)An increase in the rate of return on financial investments
B)An increase in your marginal tax rate
C)An increase in the expected future price of housing
D)A reduction in mortgage interest rates