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Solved: What is the advantage of buying the house over renting

Question:

What is the advantage of buying the house over renting the apartment?

A. Sasha’s monthly expenses would be less for buying than for renting.

B. The extra expenses in the mortgage payment cover all maintenance and repairs.

C. Sasha’s down payment will likely be less if she decided to buy.

D. Sasha will own the house and earn equity as its value increases.

Answer:

D. Sasha will own the house and earn equity as its value increases.

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