Advantages of Renting

Top 5 Advantages of Renting vs. Buying:

  1. More fixed costs for the duration of the lease.
  2. Although you're not gaining equity, you're certainly not losing equity.
  3. Able to move as soon as the lease is up.
  4. Renters have little or no work and responsibilty in maintaining a home or apartment.
  5. Much smaller "down payment" (or deposit) than when buying.