The landlord can decide to sell the property or not renew your lease.
You pay a fixed rent amount and generally do not pay for repairs or maintenance. renting vs buying a house pros and cons
📌 Rent if you value mobility and want to keep your monthly housing costs strictly predictable. Buy if you plan to stay in one place for at least 5 to 7 years and want to build long-term equity. The landlord can decide to sell the property
Your monthly payments go to the landlord, and you earn no return on that money. and yard upkeep.
Real estate generally increases in value over the long term.
You do not have to worry about declining property values or real estate market crashes.
You are solely responsible for fixing broken appliances, roof leaks, and yard upkeep.