Whether you are relocating to another city, downsizing or just planning to leave behind the pleasures (and nuances) of owning property to become a renter, the choice can be really difficult. Owning a home has its own set of advantages, however, renting is not a bad idea either. If on one hand homeowners have the freedom to construct desired changes in their property, on the other hand, renting a space gives you the freedom to relocate easily without any worries regarding the maintenance or the hassle of selling. You can even take those leisurely holidays you planned without fretting over the maintenance of the house. What's more, both the options boast of attractive financial gains. However, if there is some confusion, here are five benefits of renting, which may assist you in making a decision.