You only need a security deposit and the first month's rent to move in.
Buying a home is often viewed as a major milestone and a primary way to build long-term wealth, but it comes with significant upfront costs and responsibilities.
You cannot renovate or make major changes to the living space.
Your monthly mortgage payments act as a forced savings account, building ownership over time.
You do not have to worry about declining property values or real estate market crashes.
You can remodel, paint, and landscape without needing anyone's permission.