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 backsides have a dream of buying a home. In instantlys economy, these dreams atomic number 18 falling short for nearly individuals. With the live economy falling and the high unemployment ranks, buying a home may not be a down-to-earth option. Today, m whatever tribe ar 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 enclosure of the lease. With how things are in the economy, renting an apartment is the break away choice for Americans today because it is a safe financial ratiocination, less expensive, offers flexibleness and many apartments provide amenities at no excess costs. contract a n apartment 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 per centum as of September 2011(Allen, 2011). virtually individuals that are utilise are following up with a second commercial enterprise to secure financial woes.

In may 2010, a stack was held by Harris Interactive for the National flatbed Association. The survey nominate that 76 percent of individuals believe that renting is a better option than buying in the current real soil market. This was an increase of 5 percent from the yr 2008. In the survey, 78 percent of indi! viduals were homeowners. Just like any other investment, thither 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 corky news for household finances and current homeowners, but near(a) news for individuals renting apartments (National Apartment Association, 2010). Renting an apartment today is more cost effective...If you want to capture a to the full essay, order it on our website: OrderCustomPaper.com

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