Q2

Which one of the following individual(s) should consider purchasing housing rather than leasing or renting? Identify factors that will impact the risk of purchasing a house (The explanation is the important element of your response).

Option A:A recent college graduate searching for post-graduate employment

Option B:A thirty-year old interested in moving up the career ladder who is willing to relocate on receiving an attractive offer

Option C:A young couple with a $0 balance in their rainy day savings account and sizable monthly payments on credit cards and student loans

Option D:A couple with secure employment, a strong attachment to their current location, and funds available over and above their rainy day savings account