If you can't read please download the document
Upload
brandon-jefferson
View
220
Download
0
Embed Size (px)
DESCRIPTION
The choice between owning and renting is often referred to as tenure choice Tenure choice involves a comparison between two mutually exclusive alternatives: Rent your living space and invest in the broader financial markets, or… Purchase your living space and invest in the local housing market The investment in the location housing market equals the down payment required to finance the acquisition of the house Tenure choice