Housing - Rent or Buy?

When you rent an apartment, you sign a lease agreement and enter into a contract with your landlord that can last for a year or longer.  Remember when you rent, you can’t make changes, like paint or wallpaper, without the landlord’s permission, and at the end of the lease, you don’t own anything.  You can also rent houses, but when should you rent a house and when should you buy?

Click on the player button to read through the scenarios in the interactivity and use the provided website to answer the questions in each tab.

View a printable version of this interactivity.

Write your answers to each scenario on a document and submit to the dropbox when you have completed this assignment.