In Mexico, why do people rent an apartment instead of buying their own home?

Question

(1 point)
Responses

There are not enough homes in Mexico for people to buy.
There are not enough homes in Mexico for people to buy.

Depending on the area, buying a home can be very expensive in Mexico.
Depending on the area, buying a home can be very expensive in Mexico.

Houses are always very far from schools and jobs.

Answer 1

The most accurate response to the question of why people in Mexico might rent an apartment instead of buying their own home is:

Depending on the area, buying a home can be very expensive in Mexico.

This reflects the economic factors that influence housing choices, as purchasing a home may not be financially feasible for many individuals or families depending on their income and the housing market in their specific location.