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Why might people choose to rent a home rather than buy a home? They have a lot of money saved for a down payment. They may be relocated for a job. The interest rates on equity are too high. The maintenance costs are more reasonable for renters.

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Jetcourt
Just took the test and it was B. they may be relocated for a job
ayokenny2001

People might choose because : They may be relocated for a job.

What is renting?

Renting is an agreement where a payment is made for the temporary use of a good, service or property owned by another.

People can choose to rent a home rather than buy for so many reasons.

  • Home renting allows a bit of more flexibility compared to homeownership irrespective of whether you're in a house or an apartment.
  • With renting, you're not tied to the property on a long-term basis.
  • You're also less responsible for saving for repairs, paying for taxes and insurance, and keeping up with other expenses.

Hence, people might choose to rent a home rather than buy a home because they may be relocated for a job.

Learn more about home renting here : https://brainly.com/question/1698742

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