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 pickax to rent an apartment than buying a house. almost Ameri potfuls have a dream of buying a home. In todays economy, these dreams atomic number 18 dropping short for nearly individuals. With the live economy falling and the high unemployment sets, buying a home may non be a down-to-earth option. Today, m whatever community be caught in home mortgages that they no longer can afford. When letting an apartment instead of owning a home, the renter has monetary security in that the monthly payments are fixed for the verge of the lease. With how things are in the economy, renting an apartment is the separate choice for Americans today because it is a safe financial closing, less expensive, offers flexibility and many apartments provide amenities at no extra costs. contract an 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 pct as of September 2011(Allen, 2011). virtually individuals that are sedulous are following up with a second crinkle to secure financial woes.

In may 2010, a check up on was held by Harris Interactive for the National flatbed Association. The survey instal that 76 percent of individuals believe that renting is a better option than buying in the current real nation market. This was an increase of 5 percent from the yr 2008. In the survey, 78 percent of individuals were homeowners. J! ust like 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 stinky news for household finances and current homeowners, but hefty news for individuals renting apartments (National Apartment Association, 2010). Renting an apartment today is more cost effective...If you want to capture a overflowing essay, order it on our website: OrderCustomPaper.com

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