Should I Buy or Rent? 4 Let's start with the basics. Buying is paying a purchase price and owning something. It's one way to get a home. You can also rent. This means you pay to use the home. Renting has some advantages, especially if you don't plan to live in the home for a long time.You can move out of a rental home with a month's notice. And major repairs are the landlord's responsibility. But renting is not a good long-term investment. All the money you pay toward rent goes into the owner's pocket. So many people try to buy a home. QUESTION 1 Based on paragraph 4 what are two advantages of renting a home? A Renting is a good investment for the long term. B A renter can easily move to a new place. C All of the rent money goes to the landlord. D The landlord pays for major repairs.