Renting vs Home Owning

Renting vs Home Owning

  • Submitted By: tilya333
  • Date Submitted: 02/20/2011 3:03 PM
  • Category: Business
  • Words: 1069
  • Page: 5
  • Views: 1334

“Renting: An Affordable Way of Living”
Tarnisha Hodges
COM 156
October 31, 2010
Symone McClain
Axia College of University of Phoenix

Compared to owning a home, living in an apartment is way too easy. Why do the work yourself when you can enjoy the benefits that apartment renting has to offer. There is still lots of debate between apartment renting, and home owning. Many people are still debating about which one might be better for them. Renting an apartment in today’s economy can definitely make several things easier. Renting saves time, and not to mention, money. This might be one of the best reasons to rent an apartment instead of buying a house. Lower initial cost, mobility, and fewer responsibilities, are enough reasons to consider renting an apartment instead of buying a house.
Although the economy is a financial roller coaster, the decision to rent an apartment
Should be an easy one. With the economy being the way it currently is, the process of renting an apartment is way less of a hassle than buying a home. Even though individuals looking to rent an apartment have to worry about a waiting list, and noisy tenants, sometimes, there is so much less to worry about than owning a home, such as the minimum risks associated with apartment renting. One of the main reasons is the lower initial cost needed to rent an apartment. That means money can be saved, and individuals receive more for their money. Everyone looks to save money in any way they can because saving money is the ultimate goal of most people. Rent and utilities are renters main housing cost, while homeowners pay property taxes and for the up-keep of their property. These fees are significantly cheaper than those fees of what homeowners pay. Not only do the savings add up, but renting allows renters to be flexible. Mobility is offered when a location change is necessary or desired. This means they can pick up and move almost whenever they want, aside from a small...

Similar Essays