____ is a reason for preferring to rent rather than to buy.
A)Flexibility
B)No maintenance worries
C)Lower monthly cash flows
D)Down payment money better used elsewhere
E)All of these

Question

Quizplus · Accepted Answer

All of these reasons could be valid reasons for preferring to rent rather than buy. Renting offers flexibility in terms of being able to move to a different location without the hassle of selling a property. Renters also do not have to worry about maintenance and repair costs, which can be expensive for homeowners. Additionally, the monthly cash flow requirements for renting are often lower than the mortgage payments for a comparable property. Finally, for those who may not have enough funds saved for a down payment or who have other financial priorities, renting may be a better financial decision.

____ Is a Reason for Preferring to Rent Rather Than