What best describes why renting a place live is generally cheaper than buying a home?

What best describes why renting a place live is generally cheaper than buying a home?
by

1 Answer

Answer :

Renters don't own anything as a result of their payments, while homeowners do
by

Related questions

Is a rent to own home usually costlier than just renting or buying?

Description : Is a rent to own home usually costlier than just renting or buying?

Last Answer : Renting to own items, or even a home, make a huge profit for the renting conpany. This means that you are paying far more for them than if you purchased them outright.

What are the pros of renting apartments rather than buying a home?

Description : What are the pros of renting apartments rather than buying a home?

Last Answer : One of the biggest pros of renting would have to be that you are not responsible for the cost of maintenance on the property. Additionally, the required deposits are much smaller on rentals than the deposit to purchase a home.

my husband and I just got married and are tired of renting. We would rather spend the money on buying a home but can't get a loan. We ARE first time home buyers and I am trying to establish credit and his is not that good. Please help!!?

Description : my husband and I just got married and are tired of renting. We would rather spend the money on buying a home but can't get a loan. We ARE first time home buyers and I am trying to establish credit and his is not that good. Please help!!?

Last Answer : Since the recent changes in the mortgage industry a lot of subprime lenders have gone out of business, but there is still hope for you. If you find a house you love you can talk to the owner and see ... like that.inform me if there is an easier way to buy a house without credit, being such an option

Some Pros and Cons of Buying Vs. Renting a Home?

Description : Some Pros and Cons of Buying Vs. Renting a Home?

Last Answer : Purchasing a home is a large investment. Not all people are ready for the costs associated with buying a home. For some, renting a home may make more sense. Here are some pros and cons to help you ... and even renovating to your taste. If you are considering buying a home, be sure to do some prelimi

What's cheaper? Building a fence from scratch, or buying those panels from lowes/home depot?

Description : What's cheaper? Building a fence from scratch, or buying those panels from lowes/home depot?

Last Answer : Probably from scratch, but there would be more work involved.

Is Home Depot or Lowe's cheaper for buying a water heater?

Description : Is Home Depot or Lowe's cheaper for buying a water heater?

Last Answer : Home Depot and Lowes generally offer competitive prices. Home Depot generally offers prices that are a little lower and they also have better financing deals.

What is the cost comparison between renting and buying a small chocolate fountain?

Description : What is the cost comparison between renting and buying a small chocolate fountain?

Last Answer : The cost and comparison between renting and buying a small chocolate fountain is about the same, to rent a small fountain can be $30 plus the cost of the chocolate packs, and to buy a small fountain can range from $45-$70

Which of these is a disadvantage of buying a house instead of renting?

Description : Which of these is a disadvantage of buying a house instead of renting?

Last Answer : Homeowners must pay for repairs themselves

Which of the following link building tactics do search engines tacitly endorse?  A. Viral Content Creation & Promotion  B.Reciprocal Link Exchange Programs  C.Buying Links From Link Brokers & Networks  D.Renting Pages From Trustworthy Domains And Placing Links On Them

Description : Which of the following link building tactics do search engines tacitly endorse?  A. Viral Content Creation & Promotion  B.Reciprocal Link Exchange Programs  C.Buying Links From Link Brokers & Networks  D.Renting Pages From Trustworthy Domains And Placing Links On Them

Last Answer : A. Viral Content Creation & Promotion

Why buying a 2 way ticketscan sometimes be cheaper than a single way ticket?

Description : Why buying a 2 way ticketscan sometimes be cheaper than a single way ticket?

Last Answer : Maybe more info would help get some more responses. What is a ticketscan? do you have an example of a 2-way being cheaper than a single?

Is air conditioner repair cheaper than buying a new one?

Description : Is air conditioner repair cheaper than buying a new one?

Last Answer : According to my research it is more affordable to hire a person to fix your air conditioning rather that buying a new one. Buying a new air conditioner would cost more.

When buying a gift for a child's birthday party, are you more likely to err on the side of a smaller, cheaper gift or the side of a larger, more expensive gift?

Description : When buying a gift for a child's birthday party, are you more likely to err on the side of a smaller, cheaper gift or the side of a larger, more expensive gift?

Last Answer : I’m more likely to err on the side of a cheaper but useful toy – something developmental, gender-neutral and something my kids enjoyed.

When buying a plane ticket to Paris should I just go through STA since I'm a student or is there a cheaper alternative?

Description : When buying a plane ticket to Paris should I just go through STA since I'm a student or is there a cheaper alternative?

Last Answer : answer:STA fare prices are sometimes the same ones you can find through Orbitz, Expedia, etc. I would go through STA if you want to get travel insurance, which you might want to do. I met a ... all (over 100) travel websites to find the best deals so you know you're getting rock bottom prices.

Is refilling a cartridge cheaper then buying a new one?

Description : Is refilling a cartridge cheaper then buying a new one?

Last Answer : Refilling a cartridge is cheaper then buying a new one because one just needs to refill the ink they are empty on. Although, ink for some printers cost more then others.

Copper wires are generally used for electrical power transmission instead of iron wire because (1) copper is cheaper than iron (2) copper is lighter than iron (3) copper is a better conductor of electricity than iron (4) copper can take higher power than iron

Description : Copper wires are generally used for electrical power transmission instead of iron wire because (1) copper is cheaper than iron (2) copper is lighter than iron (3) copper is a better conductor of electricity than iron (4) copper can take higher power than iron

Last Answer : (3) copper is a better conductor of electricity than iron Explanation: Copper is generally preferred for electrical power transmission instead of iron because of its high electrical conductivity and low resistivity.

Copper wires are generally used for electrical power transmission instead of iron wire because : (1) copper is cheaper than iron (2) copper is lighter than iron (3) copper is a better conductor of electricity than iron (4) copper can take higher power than iron

Description : Copper wires are generally used for electrical power transmission instead of iron wire because : (1) copper is cheaper than iron (2) copper is lighter than iron (3) copper is a better conductor of electricity than iron (4) copper can take higher power than iron 

Last Answer : copper is a better conductor of electricity than iron

If my dryer is broken, is it generally cheaper to repair it or replace it?

Description : If my dryer is broken, is it generally cheaper to repair it or replace it?

Last Answer : Depends on what is wrong with it, look around the dryer for the toll-free number of the manufacturer and describe the symptoms or malfunction to them (or check their website)-it could be a cheap and easy fix!

Pick up the correct statement from the following: (A) Lime mortar with cement in the ratio of in 10 is cheaper and better for outside plaster (B) For very cold or very hot climate, a compact and closed plan should be provided (C) On the sea coast, an exposed and open house is generally preferred (D) All the above

Description : Pick up the correct statement from the following: (A) Lime mortar with cement in the ratio of in 10 is cheaper and better for outside plaster (B) For very cold or very hot climate, a compact and closed ... (C) On the sea coast, an exposed and open house is generally preferred (D) All the above

Last Answer : Answer: Option D

Is home renting more affordable than renting an apartment?

Description : Is home renting more affordable than renting an apartment?

Last Answer : No, renting an apartment is cheaper. If you rent a home, you still have to pay taxes on the property, as well as full sewer, electric and all ammenities.

Can you tell me what renting a home is like in the U.S.A?

Description : Can you tell me what renting a home is like in the U.S.A?

Last Answer : answer:It depends on the state, and the city, and the landlord, but in my area (Hillsborough County, Florida), move in costs can be: 2 months' rent (first and last month) Security deposit ... repairs and started fixing things anyway. Not like we're getting a deposit back from that shyster.

Is home renting better in any way when compared to renting an apartment?

Description : Is home renting better in any way when compared to renting an apartment?

Last Answer : Home renting is better financially only when you are renting to own. Other than that, simple advantages could include privacy from neighbors and more space.

i want to know the criteria for renting a hud home in boise idaho?

Description : i want to know the criteria for renting a hud home in boise idaho?

Last Answer : Here is the web page for Idaho HUD http://www.hud.gov/local/index.cfm?state=id&topic=offices good luck!

I want to know the criteria for renting a HUD home the N.Y.C. area.?

Description : I want to know the criteria for renting a HUD home the N.Y.C. area.?

Last Answer : You should start by researching this website about HUD in NYC http://www.hud.gov/local/index.cfm?state=ny&topic=renting

What are the pros and cons of renting a home?

Description : What are the pros and cons of renting a home?

Last Answer : The pros of renting a home, is that you are not tied down to that one residence. The cons of renting a home, is that you'll never own that residence.

Is there an age requirement for renting Home Depot truck?

Description : Is there an age requirement for renting Home Depot truck?

Last Answer : Home Depot does offer rental trucks, however, they aren't moving trucks. You can rent a truck from Home Depot as long as you have a drivers license and insurance. For a moving truck try Uhaul or Penske.

How much does renting a Home Depot truck cost?

Description : How much does renting a Home Depot truck cost?

Last Answer : The cost to rent a Home Depot truck will highly depend on several factors such as your location, how far you are traveling, and the gas prices in your area. You best option is to shoop around.

Why is it cheaper to live in Texas?

Description : Why is it cheaper to live in Texas?

Last Answer : answer:We have more land. There is room for growth. Supply isn’t low, unlike, say, NYC – so prices are driven up. The lack of income tax is nice as well.

Is printing pictures at home cheaper than a 1 hour photo shop?

Description : Is printing pictures at home cheaper than a 1 hour photo shop?

Last Answer : A good printer will cost you at least $130 and the ink will be about $30 and up every couple of months while a buy prints cost about $0.13. If you print at home with the cost of supplies you ... are going to print pictures 2 or 3 time a month every month then purchasing your own equipment is best.

The consumer movement is 1. against foreign imports that are much cheaper than products produced in the home market 2. a movemnt that is trying to improve consumer satisfaction 3. a social movment that is able to challenge big business practices 4. a diverse group of individuals, groups and organizations attempting to protect the rights of consumers 5. none of these

Description : The consumer movement is 1. against foreign imports that are much cheaper than products produced in the home market 2. a movemnt that is trying to improve consumer satisfaction 3. a ... individuals, groups and organizations attempting to protect the rights of consumers 5. none of these

Last Answer : a diverse group of individuals, groups and organizations attempting to protect the rights of consumers

he consumer movement is: A)against foreign imports that are much cheaper than products produced in the home market B)a movement that is trying to improve consumer satisfaction C)a social movement that is able to challenge big business practices D)a diverse group of individuals, groups and organisations attempting to protect the rights of consumers

Description : he consumer movement is: A)against foreign imports that are much cheaper than products produced in the home market B)a movement that is trying to improve consumer satisfaction C)a ... D)a diverse group of individuals, groups and organisations attempting to protect the rights of consumers

Last Answer : D)a diverse group of individuals, groups and organisations attempting to protect the rights of consumers

How to get cheaper place for plus size women clothes that are modern fashioned?

Description : How to get cheaper place for plus size women clothes that are modern fashioned?

Last Answer : There are different websites on line that have cheaper plus size for women, I know how hard it is to find one I would try coles, they have good clothes

Is a hvlp spray gun cheaper at Lowe's or Home Depot?

Description : Is a hvlp spray gun cheaper at Lowe's or Home Depot?

Last Answer : Hvlp spray guns are available at both Lowe's and Home Depot. Lowe's sells single hvlp spray guns, for 40-50$ while Home Depot sells an entire kit for 60-70$

Which of the following statements correctly describes the general reactivity of alkynes? (a) An alkyne is an electron-rich molecule and therefore reacts as a nucleophile. (b) The σ bonds of alkynes are higher in energy than the bonds and are thus more reactive. (c) Unlike alkenes, alkynes fail to undergo electrophilic addition reactions. (d) Alkynes are generally more reactive than alkenes.

Description : Which of the following statements correctly describes the general reactivity of alkynes? (a) An alkyne is an electron-rich molecule and therefore reacts as a nucleophile. (b) The σ bonds ... fail to undergo electrophilic addition reactions. (d) Alkynes are generally more reactive than alkenes.

Last Answer : Alkynes are generally more reactive than alkenes.

A merchant wholesaler 1. takes title and assumes risk and is generally involved in buying and reselling products 2. takes title and possession of goods and sells only to retailers 3. does not take title and possession of goods but may facilitate 4. deals exclusively with industrial products 5. none of these

Description : A merchant wholesaler 1. takes title and assumes risk and is generally involved in buying and reselling products 2. takes title and possession of goods and sells only to retailers 3. does ... of goods but may facilitate 4. deals exclusively with industrial products 5. none of these

Last Answer : takes title and assumes risk and is generally involved in buying and reselling products

A merchant wholesaler A)takes title and assumes risk and is generally involved in buying and reselling products. B)takes title and possession of goods and sells only to retailers. C)does not take title and possession of goods but may facilitate exchange between any two parties. D)deals exclusively with industrial products.

Description : A merchant wholesaler A)takes title and assumes risk and is generally involved in buying and reselling products. B)takes title and possession of goods and sells only to retailers. C)does ... of goods but may facilitate exchange between any two parties. D)deals exclusively with industrial products.

Last Answer : A)takes title and assumes risk and is generally involved in buying and reselling products.

Can you help me with some questions I have about renting a car?

Description : Can you help me with some questions I have about renting a car?

Last Answer : Here’s the info you need !!

Waiting to own a house versus renting an apartment?

Description : Waiting to own a house versus renting an apartment?

Last Answer : answer:I'd move out too. Just try to stick it out until you get a decent paycheck. Also, if you choose to share the place with your friend, you need to be able to pay the rent ... specifically paid for them yourself. So plan for that possibility as well. Will your friend have their own furniture?

When renting a gun at a gun range is possible to share the gun?

Description : When renting a gun at a gun range is possible to share the gun?

Last Answer : why not? Unless there is such a disparity in sizes or strength that not everyone would be suited to the same gun. Do they provide ammo as well? If so, gun usage is probably measured by ammo used and time rented.

I am renting a 2bd apartment, want a housemate, but want to be able to give housemate notice to vacate if it sours. What's the best type of agreement for this?

Description : I am renting a 2bd apartment, want a housemate, but want to be able to give housemate notice to vacate if it sours. What's the best type of agreement for this?

Last Answer : answer:I don't want to insult you in any way but this has bad idea written all over it. Remember, no one is going to treat your belongings the way you are, and people you do not know ... pay something in equivalent value to offset it, such as an extra amount toward a utility bill. Good luck.

Hey all I am interested in renting apartment in Manhattan but can't really find no fee ones anywhere. Any suggestion anyone?

Description : Hey all I am interested in renting apartment in Manhattan but can't really find no fee ones anywhere. Any suggestion anyone?

Last Answer : answer:Did you search the no fee apts on Craigslist? http://newyork.craigslist.org/mnh/nfa/

Do you think renting our house is a good idea?

Description : Do you think renting our house is a good idea?

Last Answer : Not a landlord now, agent fee of 8.25 % is reasonable ( one months rent per year ). The agent is responsible to collect the rent and pay you monthly. Remove ALL personal items and ... Check with your insurance and mortgage companies, there maybe a clause that restricts the rental of the property.

What questions should I ask my potential landlord before renting?

Description : What questions should I ask my potential landlord before renting?

Last Answer : How much is rent?

Is renting a limo for Prom night indulging our teens too much?

Description : Is renting a limo for Prom night indulging our teens too much?

Last Answer : I understand getting them a limo. But a stripper pole?! Im my opinion I think that is too much. I would tell her no pole or no limo!

Can property taxes go up based on if you're renting your house out or not?

Description : Can property taxes go up based on if you're renting your house out or not?

Last Answer : Absolutely. I own a duplex, and I live in one side and rent out the other side. These are identical mirror-image houses, exactly the same and are attached to each other. My rental property side’s tax bill is nearly double that of the side I live in. Sucks.

Renting MY rooms out. Can I evict?

Description : Renting MY rooms out. Can I evict?

Last Answer : answer:You can't tell them to just get out. You have to give them 30 days notice. Trust me, I tried. The cops got involved and it made for a very uncomfortable 30 days. If they can provide ... out I was renting rooms out without notifying them. I was evicted when they found out. Read your lease.

What would make a person from bank of America, come out to my house that I'm renting and want my name, and phone number, and also take a few pics?

Description : What would make a person from bank of America, come out to my house that I'm renting and want my name, and phone number, and also take a few pics?

Last Answer : answer:OOOOPPSIE The owner maybe late in payments, or . . . . . . There might be a clause in their mortgage about owner must be occupant ?

Renting MY rooms out. Can I evict?

Description : Renting MY rooms out. Can I evict?

Last Answer : answer:You can't tell them to just get out. You have to give them 30 days notice. Trust me, I tried. The cops got involved and it made for a very uncomfortable 30 days. If they can provide ... out I was renting rooms out without notifying them. I was evicted when they found out. Read your lease.

Is it possible to rent out an apartment that I am renting?

Description : Is it possible to rent out an apartment that I am renting?

Last Answer : It depends on your lease. Check with your lease and your landlord to see if it’s ok. Most places don’t let you sublet your place (which is what you would be doing).

If you're renting your house, do you have to be a licensed landlord?

Description : If you're renting your house, do you have to be a licensed landlord?

Last Answer : There’s no requirements or tests or anything like that, but it would behoove you to have a copy of these statutes so that you’re aware of your rights and responsibilities as a landlord.

How do you approach a next door neighbor that is renting their house as a vacation rental?

Description : How do you approach a next door neighbor that is renting their house as a vacation rental?

Last Answer : There are I am sure residential and property laws in your country or where ever you live. Perhaps seek them out, then you can build an effective case in order to stop this behaviour.