Should You Rent Or Buy An Apartment?

There is no vantage point like the apartment nextthings belong to them. A public park helps, but it is
door for keeping track of the neighbors.not nearly as good as a place of their own.
When they come and go; who comes and goesIf you think an apartment is not the best place
with them, and at what awful hours, and whatfor you to live, perhaps you can find a house to
disgraceful things they do.rent. This also has its advantages and
Of course, it is well to remember that when youdisadvantages. You are not tied quite so securely
look in a goldfish bowl, the fish also look at you.to one place.
All kidding aside, for families where both theIf you are not too sure how long you will be in a
husband and wife have steady, full-time jobs inplace, or are subject to sudden transfers by the
business or industry, where they both work sopolicy or caprice of your company, or if you are
hard that they don't have time or energy enoughthe type that takes sudden notions to quit and
left to keep up a house, they are surely bettertry your luck somewhere else, then you should
off in an apartment, as it does save work andrent, and not try to buy or build a house.
responsibility.Renting also has the advantage of relieving you of
If a house is just a place to sleep, a place in whichsome of the responsibilities that go with owning a
to eat a hurried breakfast, and a starting pointhome. When the roof leaks, just call up the
from which to rush off to work, a place to returnlandlord and ask him to take care of it. If you
to after a late show, to tumble into bed, and toneed paint or repairs, let him look after it, and pay
get a little sleep before another hurried breakfast,the bill.
then off to the rat race again for another day,When the tax collector comes around, it is not
and a repetition of the same routine, then do notyour problem. You do not need to worry about
buy or build a house.depreciation. If your family outgrows a house, you
By all means rent an apartment; it will save youcan move into a larger one without too much
work and worry and will fit your needs muchtrouble and expense.
better.It is well to remember that money paid out in
One way to get luxury living without having torent is gone completely. If you had bought the
own and service all the features yourself is tohouse ten years ago, and had made rent-like
buy an apartment in a group where thepayments for ten years, you would have
apartments are individually owned, but theaccumulated a considerable equity in the house,
swimming pool, tenni3 courts, barbecue, and otherand you would also have benefited from the large
recreational facilities are owned cooperatively byincrease in property values during that same
the group of people living in the apartments.period. Buying a house gives you something to sell
An individual family might find it too expensive towhen the time comes to move.
maintain a swimming pool, for one or two uses aThere is not much point in having a house and
week, but it wouldn't cost too much, in eitherland, if you do not find pleasure and enjoyment in
money or effort for a group of fifty people totaking care of it.
keep up a pool.If the yard is so large as to be a burden to either
Renting a Housethe husband or the wife, then they would be
But an apartment house is obviously not the placebetter off without quite so much. As long as
for a family with children. It is a poor emotionalmaintaining a house and garden can be fun, all is
climate for them, when they must always bewell, but what future is there in having to work
quiet so as not to disturb the neighbors, and whenyourself to death in order to live in fine
they have little opportunity to get outdoors andsurroundings which you do not have time to
run and exercise, and shout as they ought to beappreciate?
able to do.Enough is enough. There are two extremes to
If they must always be afraid of getting inavoid a spacious house and wide-spreading lawns,
someone's hair, how can they grow up normallyor a tiny house and no lawn or garden. Let's not
and naturally? Life can be so much moreoverdo it either way.
interesting for them if they can be in a placeIf you would rather buy than rent make sure you
where there are trees to climb, pets to love anduse a mortgage calculator to get the best
care for, and where they can feel that thesemortgage available.