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 Americans have a dream of buying a home. In todays economy, these dreams atomic number 18 falling short for nearly individuals. With the live economy falling and the high unemployment rates, buying a home may not be a down-to-earth option. Today, m whatever people are 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 term of the lease. With how things are in the economy, renting an apartment is the better choice for Americans today because it is a safe financial decision, less expensive, offers flexibility and many apartments provide amenities at no additional 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 percent as of September 2011(Allen, 2011). virtually individuals that are employed are following up with a second job to secure financial woes.



In may 2010, a survey was held by Harris Interactive for the National flatbed Association. The survey found that 76 percent of individuals believe that renting is a better option than buying in the current real estate 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, there 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 bad news for household finances and current homeowners, but good news for individuals renting apartments (National Apartment Association, 2010).
Renting an apartment today is more cost effective...If you want to capture a full essay, order it on our website: Ordercustompaper.com



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