My Building Is Going Co-op. Should I Buy or Move?
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There are plenty of good reasons to rent a home rather than own one. For one thing, when you rent, there's no large down payment to come up with. Plus, your monthly housing expenses are fairly predictable in that you pay your landlord and call it a day. When you own a home, you might encounter various expenses that pop out of the blue, like sudden repairs.
Source Fool.com