• GiddyGap@lemm.ee
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    7 months ago

    To me, the big draw to renting is the flexibility. It’s easier to move if you find a better deal elsewhere or you need to move for a job. It’s especially attractive in many European countries where a lease is “unlimited” and doesn’t run out unless you cancel and there’s only a three-month cancellation period. Makes it very flexible.

    A bit different in the states where the lease term is set, usually at one year and then you renew and have to pay to break the lease if you move out before the end of the lease. But still more flexible than buying.

    A quick sale is much more involved and risky, imo.