Liquidity; home sale proceeds can be invested in mutual funds or annuities. When to Consider Buying
: Owning typically provides more space for hosting grandchildren or family events. When to Consider Renting
Renting is increasingly popular for retirees who want to downsize and minimize their "responsibility load". Downsizing in Retirement? The Big Question: Rent or Buy?
: You aren't at the mercy of a landlord's decision to sell or raise rent.