Different situations may be more conducive to renting a home rather than buying one. Home buying is a more recent fad that can have its perks, but has it has many disadvantages. One of the biggest incentives to renting is that the renter doesn’t pay for home repairs. The homeowner is responsible for paying and setting up repairs (unless there is damage done by the tenant). Renting can also make it easier to move and relocate for work or personal reasons. Moving after a lease ends, or even breaking one, is much easier than selling your home and buying a new one.