Which of the following is a disadvantage of renting over buying a home?(1 point)

Responses

With each new lease, your rent can go up.
With each new lease, your rent can go up.

You must also pay thousands of dollars for things such as property taxes.
You must also pay thousands of dollars for things such as property taxes.

You will have fewer hassles when you decide to move.
You will have fewer hassles when you decide to move.

If something breaks, you have to fix it or pay to have it fixed.

1 answer

The disadvantage of renting over buying a home from the options provided is:

With each new lease, your rent can go up.

This highlights the potential for increased living costs over time when renting, which is a common drawback compared to the typically more stable monthly mortgage payments associated with homeownership.