Renting is more advantageous than buying a home when you are seeking:. a) lower initial costs.
b) fewer restrictions regarding remodeling.
c) a long-term investment.
d) tax deductions for property taxes.
e) permanence of residence.

a) lower initial costs.

Explanation:

Renting is more advantageous than buying a home when you are seeking lower initial costs.

This ultimately implies that, when an individual is interested in having a lower living costs in the short-run, the best option to choose between owning a home and renting one is to rent because he would have to pay real estate taxes and other fees applicable to homeowners.

Hence, an individual renting a home would only have to pay an agreed upon fee which is paid annually, depending on the contract agreement while the homeowner is faced with a lot of fees and operating costs in the short-run.