Homeownership versus apartment rental
Not what you're looking for?
Many people are not familiar with the advantages of homeownership. What are some of the advantages of homeownership. Discuss the advantages of homeownership versus renting an apartment.
Purchase this Solution
Solution Summary
The solution discusses what are some of the advantages of homeownership. The solution discusses the advantages of homeownership versus renting an apartment.
Solution Preview
Homeownership Advantages:
1) Build Equity
2) Value Appreciates
3) Freedoms to remodel, "make it your own"; landscaping, etc.
4) Tax advantages: deductions of property taxes and interest
5) No raises in rent, etc.
6) Borrow against the equity
Rental:
1) Little to no maintenance or upkeep
2) Payments lower in general
3) ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Motivation
This tests some key elements of major motivation theories.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.