as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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name one benefit and one drawback of renting rather than buying a home.
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the benefits of renting a home include lower upfront costs, a shorter time commitment, and more flexibility. the drawbacks of renting a home include a lack of ownership, less control over repairs, and potentially higher costs when renting long-term.
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