Final answer:
The amount of money needed for a down payment on a home is typically greater than the amount needed to rent a home.
Step-by-step explanation:
The statement that the amount of money needed for a down payment on a home is greater than the amount needed to rent a home is true.
When buying a home, a down payment is typically required, which is a percentage of the home's purchase price. This amount can be significant and is usually higher than the cost of renting a home. However, it's important to note that the total cost of homeownership includes additional expenses such as mortgage payments, property taxes, insurance, and maintenance.