Which is one advantage of owning a home compared to renting a place to live?

1. Monthly mortgage payments are generally less than rent.

2. Houses have more living space than apartments.

3. It's easier to sell a house than it is to break a rental agreement.

4. Homeowners can make a profit on the sale of their home.

Question

Hayden Kemp

Business

21 January, 15:08

Which is one advantage of owning a home compared to renting a place to live?

1. Monthly mortgage payments are generally less than rent.

2. Houses have more living space than apartments.

3. It's easier to sell a house than it is to break a rental agreement.

4. Homeowners can make a profit on the sale of their home.

+4

Answers (1)

Know the Answer?

Taylor Daugherty · Answer 1

Id have to go with the last one

Answer: homeowners can make a profit on the sale of their home.

Explanation: when your renting out a place and you decide to go live somewhere else, you can't sell that house because it's not yours! You were just renting it. Only the Landlord can sell the property after you move somewhere else.

Owning a home on the other hand can give you the benefit of making a profit from it. If you ever decide to move, you can sell the house and make money off of whoever is renting it!