Is renting the new buying? It depends on where you live

Is renting the new buying? It depends on where you live

Assessment

Interactive Video

Life Skills, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current real estate market, highlighting the challenges of buying a home due to high mortgage rates and rising costs. It suggests renting as a more feasible option in many metropolitan areas. The video emphasizes the importance of financial planning, considering factors like location, market data, and personal finances. It advises viewers to make informed decisions based on their financial situation and long-term goals, whether renting or buying.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the current high cost of home ownership?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the report from realtor.com, what trend has been observed in starter home rental prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How can location influence the decision to rent or buy a home?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What should individuals consider when deciding whether to rent or buy a home?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the importance of making an informed decision regarding housing?

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