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Assignment Topic: The big advantage to owning a home is that eventually (hopefully around retirement), you will no longer have a monthly payment for housing

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The big advantage to owning a home is that eventually (hopefully around retirement), you will no longer have a monthly payment for housing (although you will always have taxes and upkeep.) That said, home ownership is not always the good move.

Do you own, or hope to own in the near future? If not, what are your reasons for preferring to rent/lease? (20 pts.)

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  1. The length of your response is conditional on the question. Answer fully, but concisely.

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