Renting or buying a house essay
- The most important decisions for every American are to make a choice between buying and renting property. As can be seen in the table, the value of homeowners is very different than that of the renters. If one were to know the advantages of buying a house, one just might change his or her mind Compare/Contrast Essay: Renting versus Buying Renting a home allows renters to pay someone to live in their home for a period of time. Buying a home can not only hurt someone financially but it can put them in a bind that can have them paying a bill for the rest of their life Renting also does not allow you to plant a garden, build on, or place a pool on the lawn. If one were to know the advantages of buying a house, one just might change his or her mind Renting now can make things become easier later. Get your custom essay on “ Buying vs Renting House ” Get custom paper NEW! Renters usually would not pay as much as buying a house, but if they are putting all their money towards rent, why would you not want to put your money towards something that can be owned and worth value. Essay, Pages 2 (328 words) Views. Saving money is what everyone wants to do. With the fear of another depression in the back of everyone's minds, some businesses are attempting renting or buying a house essay to clarify the essays of home compare Renting also does not allow you to plant a garden, build on, or place a pool on the lawn. Purchasing a new home is a major financial decision people make when they are able to. We will write a custom Essay on Housing: Renting and Owning a House specifically for you for only . If one cannot afford to buy a house, then renting is cheaper. It is also possible to move out of the rented home any time you feel you need a change. This essay will demonstrate why renting is better and more economical than buying a home. However, these options will present numerous cons and pros. Assuming both couples each earn 0,000 per year. The renting couple would have to pay income tax on ,700. View Notes - Renting An Apartment Is Better Option Than Buying A House- essay from HUM/176 AAGR0QTKV1 at University of Phoenix. Even though buying a house gives you more freedom to do what you want without any restrictions, it costs less to rent an apartment as you do not have all the financial…. Buying vs Renting The economic decline has possible home buyers, especially first time home buyers, scared to invest anything into the housing market. Therefore, buying a house is better than renting because you own your own space and can do whatever it is you want the way you want. If one were to know the advantages of buying a house, one just might change his or her mind Consider the stability, freedom, and now the affordability that buying your own house can bring. While if buying a house getting a loan and paying the fixed rate that is set until paying off the loan B. This myth is rooted in a misunderstanding of how profitable real estate is With the passage of time, renting proves to be cheaper than buying an apartment. When renting an apartment an apartment instead of owning a home, the renter has the luxury of spending money on other investments, traveling, children, or other necessities. People should consider these issues before making their final decisions Renting now can make things become easier later.