Question

Sort each characteristic into the category where it fits best.
will require maintenance costs
will not allow me to build equity
will cost less up front
will have fairly constant payments
will allow me to build equity
will result in increasing payments

Answer 1

Answer: Buying: fairly constant payment, will build equity, require maintenance cost.

Renting: not build equit, cost less, increasing payments

Step-by-step explanation:

Answer 2

The categories in which these buying and renting characteristics belong are:

Buying:

• Will require maintenance costs.
• Will have fairly constant payments.
• Will allow me to build equity.

Renting:

• Will not allow me to build equity.
• Will cost less up front.
• Will result in increasing payments.

What are the characteristics of buying and renting property?

When you buy property, you will have to pay for maintenance because you will own the property. You will however, build equity even though you will have to make fairly constant mortgage payments.

When you rent a house, the upfront cost will be less but you won't be able to build equity and there will be increasing payments as rent increases.

Find out more on renting property at https://brainly.com/question/26855888.