Property taxes or renters' insurance?

A new set of responsibilities come with homeownership—yard work, paying property taxes, following zoning rules. But there's also newfound freedoms that renting doesn't offer, such as getting to remodel and paint, and avoiding landlord troubles and inflated rent prices. The same goes for owning versus renting a retail shop. Last year, Denver's Feral Mountain Co. was forced to relocate after its building owners decided to develop the property into something else, whereas The Mountaineer has remained in the exact location for more than 40 years.

We're interested in how many shops rent and how many own. Then, comment below with the pros and cons of owning and renting.