With a rental home, what you see is what you get. If you have problems with an appliance, your landlord may or may not agree to repair it. Heating and cooling systems may barely function, but at a level your landlord says is adequate. Structurally, you have no rights if you feel a residence is sub par. Competitive Pricing Buying Evaluating a new home and its features is easy.
Builders provide information sheets with clearly listed options and amenities.
Renting Rental prices depend on many factors, most of which have little to do with the quality of the house. If there is a housing shortage, rent will be high, regardless of competitive pricing. Return on Investment Buying New homes have a longer life than older homes, and appraisals will be higher on them than on equivalent older homes. And, since you won't have to do any major remodeling or renovation for twenty or more years, you will in fact save money compared to an older home owner. This serves to make conditions highly favorable for a high value appreciation and profitable resale price.