Renting is more advantageous than buying a home when you are seeking:

• A. building equity over time
• B. greater flexibility in relocating
• C. long-term investment returns
• D. tax deductions from mortgage interest

Answer: (B)

Verified step by step guidance

1. Understand the key factors that differentiate renting from buying a home, focusing on the benefits and drawbacks of each option.
2. Recognize that buying a home typically allows you to build equity over time, benefit from potential long-term investment returns, and possibly gain tax deductions from mortgage interest.
3. Identify that renting does not build equity or provide investment returns, but it offers greater flexibility in relocating since renters are not tied down by property ownership.
4. Analyze the question by comparing the advantages listed and determine which one aligns with the primary benefit of renting rather than buying.
5. Conclude that the advantage of 'greater flexibility in relocating' is the key reason renting is more advantageous in certain situations, especially when mobility is important.