Even though ownership of a house is an “All American Dream,” the advantages of renting an apartment, far exceeds that dream. When it concerns making the decision weather to rent an apartment or buying a house, it may seem like a game of tug-of-war. That kind of big life decision can leave potential renters and buyers with many unanswered questions and uncertainty. This paper will provide some insight into those questions, which includes financial gain and stability. Once all the information is taken into consideration, the outcome will show that renting an apartment has numerous benefits and advantages.
Renting an apartment has given many individuals the freedom and the advantage to live in a relaxed atmosphere with a variety of amenities and community features, along with a maintenance-free living environment. Some of the amenities that are at a high demand are; in-wall washer and dryer and air conditioning, which are the most desirable community features. Another huge benefit of renting an apartment is the ability to have maintenance on demand. For instance; say a renters bathroom sink breaks down, all the renter has to do is contact the landlord, and they will have a plumber come out and fix the sink, which the landlord will pay for. A homeowner does not have that luxury. If something breaks down in the house, homeowners’ are financially responsible for those repairs. More than likely the homeowner will have a hefty plumber’s bill to pay. Without the worries of attending to common household repairs and lawn care, renters will have more free time to engage in other activists of enjoyment. Living in a desired neighborhood will also be more affordable if an individual decide to rent instead of buying, which benefit the renter. Renters are more likely to find an apartment in a community that they do not mind residing in because of the low cost rent. As for homeowners’ finding a house in their price range may be a bit difficult. Renters also have...
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