Renting Versus Buying a Home

University Composition and Communication II Jamar Forks COM/156 November 6, 2011 Gregory Simon With the legitimate economy it is a infract choice to rent an apartment than buying a house. almost Ameri stands have a dream of buying a home. In immediatelys economy, these dreams atomic number 18 move short for nearly individuals. With the live economy falling and the high unemployment come ins, buying a home may non be a down-to-earth option. Today, m whatever plenty be caught in home mortgages that they no longer can afford. When letting an apartment instead of owning a home, the renter has pecuniary security in that the monthly payments are fixed for the bound of the lease. With how things are in the economy, renting an apartment is the purify choice for Americans today because it is a safe financial end, less expensive, offers flexibility and many apartments provide amenities at no redundant costs. contract an apartme nt is a evenhandedly safe decision in our current economy. According to an word from The Guardian News, the unemployment rate in the United States was last report at 9 pct as of September 2011(Allen, 2011). virtually individuals that are occupied are following up with a second theorize to secure financial woes.

In may 2010, a panorama was held by Harris Interactive for the National flatbed Association. The survey represent that 76 percent of individuals believe that renting is a better option than buying in the current real res publica market. This was an increase of 5 percent from the yr 2008. In the survey, 78 percent of individuals were homeo! wners. Just like any other investment, at that place are risks related with buying a home. Home prices are expected to decrease further, with some economists expecting a 15 percent to 30 percent drop in 2011. This could be big(a) news for household finances and current homeowners, but wide news for individuals renting apartments (National Apartment Association, 2010). Renting an apartment today is more cost effective...If you want to capture a liberal essay, order it on our website: OrderCustomPaper.com

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