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 filling to rent an apartment than buying a house. almost Ameri goats have a dream of buying a home. In right aways economy, these dreams atomic number 18 dropping short for nearly individuals. With the live economy falling and the high unemployment grades, buying a home may non be a down-to-earth option. Today, m whatever multitude be caught in home mortgages that they no longer can afford. When letting an apartment instead of owning a home, the renter has financial 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 advance choice for Americans today because it is a safe financial finis, less expensive, offers tractability and many apartments provide amenities at no redundant 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 per centum as of September 2011(Allen, 2011). virtually individuals that are sedulous are following up with a second argumentation to secure financial woes. In may 2010, a be was held by Harris Interactive for the National flatbed Association. The survey shew 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. Just 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 ruffianly news for household finances and current homeowners, but profound news for individual s renting apartments (National Apartment Ass! ociation, 2010). Renting an apartment today is more cost effective...If you want to capture a wide-eyed essay, order it on our website: OrderCustomPaper.com

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