CLEAN : Spain's royal family at parliament opening

What is one of the primary reasons people choose to rent rather than buy?

• To avoid long-term financial commitment

• To build equity over time

• To have complete control over property modifications

• To benefit from tax deductions

Which of the following is a potential disadvantage of renting?

• High initial down payment

• Lack of investment growth

• Responsibility for property maintenance

• Limited flexibility in relocation

How does renting typically affect one's financial liquidity?

• Increases liquidity by building equity

• Has no impact on liquidity

• Decreases liquidity due to high maintenance fees

• Increases liquidity by reducing upfront costs

What is a common financial consideration when deciding to rent?

• The tax benefits of home ownership

• The ability to customize the living space

• The cost of monthly rent payments

• The potential for property appreciation

Which factor is least likely to influence the decision to rent?

• Interest rates on mortgages

• Desire for mobility

• Personal lifestyle preferences

• Availability of rental properties