15 Reasons Why Renting Is Better Than Buying a Home

1. Buying and selling a home is difficult for everyone involved

reduced price sign

Selling or buying a new home is more laborious than signing a rental agreement. | David McNew/Getty Images

Selling or buying a home is more stressful than bankruptcy, divorce, and the loss of a loved one, according to one poll. Homes are on the market for an average of four weeks, and 37% of sellers reported reducing the asking price at least once. Plus, if you’re in a long-distance relationship, do yourself a favor and rent. A 12-month lease is a whole lot easier to break or buy out than a 30-year mortgage — nevermind the added stress moving can place on an already suffering relationship.

Get ready for bigger tax bills …

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