Why is buying a house a better investment than renting an apartment?
A. Housing prices increase faster than rents.
B. Mortgage payments increase the homeowner's equity.
C. Leases have higher interest than mortgages
D. Houses are generally larger than apartments,
SIM

Respuesta :

Why buying a house is a better investment than renting an apartment is: B. Mortgage payments increase the homeowner's equity.


Why buying a house is a better investment

Why buying a house can tend to be better investment compared to renting an apartment is because of mortgage.

When a person pay  for the mortgage, the person debt or loan balance will decrease and on the other hand the person  homeowner equity will tend to increase.

Therefore the correct option is B.

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