Which of the following is not an advantage of renting rather than owning a home? A. Many apartments have shared facilities that renters don't have to buy on their own. B. If big expensive repairs are needed, the renter generally doesn't have to pay for them. C. If housing prices go down, the renter doesn't lose money from the loss of home value. D. Renters can walk away from a lease whenever they want while homeowners are stuck.

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Question
Which of the following is not an advantage of renting rather than owning a home?
A. Many apartments have shared facilities that renters don't have to buy on their own.
B. If big expensive repairs are needed, the renter generally doesn't have to pay for them.
C. If housing prices go down, the renter doesn't lose money from the loss of home value.
D. Renters can walk away from a lease whenever they want while homeowners are stuck.
Answer

C. If housing prices go down, the renter doesn't lose money from the loss of home value.

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When housing prices go down, homeowners may lose money from the loss of home value. However, renters do not own the property, so they do...
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