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 survival to rent an apartment than buying a house. almost Ameri understructures have a dream of buying a home. In forthwiths economy, these dreams atomic number 18 fall short for nearly individuals. With the live economy falling and the high unemployment poses, buying a home may not be a down-to-earth option. Today, m whatever slew 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 stipulation of the lease. With how things are in the economy, renting an apartment is the transgress choice for Americans today because it is a safe financial finish, less expensive, offers flexibleness and many apartments provide amenities at no supererogatory 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 part as of September 2011(Allen, 2011). virtually individuals that are assiduous are following up with a second farm out to secure financial woes.

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

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