Senior Civics Summary Notes and Info: RENTING AND BUYING

CAPTURE THE INFO I GO OVER/PUT ON BOARD!

AT THE END: REFLCTION WRITING……WRITE A PARAGRAPH THAT HELPS TO

ANSWER THIS…. HOW DOES OWNING A HOME OR RENTING AN APARTMENT
RELATE TO OPPORTUNITY COST? DESCRIBE SOME OF THESE COSTS, AND
HOW KNOWING WHAT THEY ARE HELP YOU IN MAKING THE BEST DECISION
POSSIBLE.
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buying and renting are two completely different things. they have their own
opportunity costs. like buying a house, you need to pay for appliances. the
opportunity cost was that you bought a house instead of renting an apartment. the
oppurtinity cost was that the person did not rent an apartment in which a landlord
has to fix other the current resident. .