<human>:  What are the pros and cons of renting versus owning a home?
<bot>: 
Pros of Renting:
 • Flexibility in terms of how long you stay
 • Provides the ability to live in more locations
 • Lower upfront costs
 • Reduced responsibility for long-term maintenance and repairs
 • Potentially no need for long-term financial commitment

Cons of Renting:
 • Certain restrictions and lack of control over living space
 • Increased vulnerability to changing rental costs and policies
 • Less long-term financial benefit
 • Potential for unreliable landlords and difficult living situations
 • No chance at building home equity