One disadvantage of owning a home compared to renting a place to live is that "homeowners have to give up investment opportunities." Homeownership often requires a significant amount of capital to be tied up in the property, which can limit the ability to invest that money elsewhere.
Which is one disadvantage of owning a home compared to renting a place to live?
Responses
Residents can't alter their living space without permission.
Residents can't alter their living space without permission.
Residents do not control who makes repairs on damage.
Residents do not control who makes repairs on damage.
Homeowners have to give up investment opportunities.
Homeowners have to give up investment opportunities.
Monthly mortgage payments are more expensive than rent.
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