1. 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