University of the People
In this essay I will analyze the advantages and disadvantages of renting versus owning a home. Renting can offer the advantage of mobility. If you can live in a place without committing to more than a one-year lease, you are able to move when you want to or when you need to.
There is not the responsibility of repairs or maintenance when you rent. These can be significant costs for owners. A renter can move to a newer or better place when they want to if they can afford to and leave the costs up to the owner. There is something nice about having someone else take on the responsibility of maintaining a property. Landscaping, appliances, repairs, etc. are usually all taken care of by the owner.