Module MCM.1.3: Renting, Leasing, Owning

Standard: EPF.MCM.1.3

Objective: Compare the costs and benefits of renting, leasing, and owning property.

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Lesson Overview

• Define renting, leasing, owning
• Analyze pros and cons of each
• Discuss long-term financial impacts

Teacher Notes

• Use real estate listings and calculators
• Relate to students' future housing choices
• Discuss local market conditions

Activities

• Housing cost comparison project
• Guest speaker: Real estate agent
• Debate: Rent vs. own

Assessment

• Written analysis of housing options
• Quiz on key terms

Resources

• NC DPI EPF Standards
• Housing calculators