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In Business / College | 2025-07-05

For which person would renting a home be a better option than getting a mortgage?
A. Someone who does not have a lot of money for an initial investment
B. Someone who considers a home to be an investment that will grow in value
C. Someone who enjoys performing maintenance tasks in his or her home
D. Someone who wants his or her monthly payments to remain stable for years

Asked by shagunkaushik

Answer (2)

Renting a home is the better option for someone who does not have a lot of initial investment money. Mortgages require significant upfront costs, whereas renting involves lower initial payments and less financial risk. Thus, option A is the most suitable choice.
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Answered by Anonymous | 2025-07-05

Renting a home is a better option for someone who does not have a lot of initial investment money. Mortgages require significant upfront costs and ongoing maintenance, which renting avoids. Flexibility and lower financial commitment make renting preferable for individuals with limited funds. ;

Answered by GinnyAnswer | 2025-07-05

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