human
What are the pros and cons of buying a home versus renting?
assistant
Pros of buying a home:
 • You can build equity over time-Taxes can be deductible-Feeling of security and stability-Potential appreciation of your home value-You have more freedom to customize your living space

Cons of buying a home:-Requires a large financial commitment-Requires a good credit score-You can't move anywhere without having to sell the house-Will need to pay for maintenance and repairs