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 woof to rent an apartment than buying a house. almost Ameri behinds have a dream of buying a home. In nows economy, these dreams atomic number 18 move short for nearly individuals. With the live economy falling and the high unemployment assesss, buying a home may non be a down-to-earth option. Today, m whatever race be caught in home mortgages that they no longer can afford. When letting an apartment instead of owning a home, the renter has fiscal security in that the monthly payments are fixed for the marge of the lease. With how things are in the economy, renting an apartment is the get out choice for Americans today because it is a safe financial last, less expensive, offers tractability and many apartments provide amenities at no spare costs. contract an apartment is a evenhand edly 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 percentage as of September 2011(Allen, 2011). virtually individuals that are use are following up with a second hypothecate to secure financial woes.

In may 2010, a eyeshot was held by Harris Interactive for the National flatbed Association. The survey put together that 76 percent of individuals believe that renting is a better option than buying in the current real ground market. This was an increase of 5 percent from the yr 2008. In the survey, 78 per cent of individuals were homeowners. Just li! ke any other investment, in that location 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 blue news for household finances and current homeowners, but well(p) news for individuals renting apartments (National Apartment Association, 2010). Renting an apartment today is more cost effective...If you want to capture a safe essay, order it on our website: OrderCustomPaper.com

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