Which is a disadvantage of purchasing and owning a home?

Question

a. An individual assumes all responsibility for maintenance and repair of owned property.
b. An individual has more freedom and choice for owned property than rented lodging.
c. An individual pays less in property taxes as a homeowner than a renter.
d. An individual builds equity by owning a home

Answer 1

a. An individual assumes all responsibility for maintenance and repair of owned property.