> There is definateky value provided in exchange for rent. Rent is paying to stay in someone elses building or what not, not just the land. you are essentially paying the landlord instead of building your own home.
True, renting isn't merely usage of the house; renting involves more than that. A landlord is required to maintain upkeep on the housing and ensure the property remains functioning. If you buy a house you need to pay for that yourself and the costs can be situationally high. (Disclaimer: I don't know if this is true in US, but its true in NL at least.)
True, renting isn't merely usage of the house; renting involves more than that. A landlord is required to maintain upkeep on the housing and ensure the property remains functioning. If you buy a house you need to pay for that yourself and the costs can be situationally high. (Disclaimer: I don't know if this is true in US, but its true in NL at least.)