Is it better to buy a house or rent an apartment essay

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Is it better to buy a house or rent an apartment essay

It may be that your lifestyle and situation point clearly to the best option in terms of a house or flat — if you have children or pets, a house tends to be better, but if you are a student then a flat would be better.

If you are starting a new job or need to be in the city centre, then an apartment is likely to suit you better than a house. The great thing about an apartment complex, especially a big one, is that they often come with all these things. Owners of large apartment complexes will often reinvest some of their rent money into creating these luxury amenities, in order to retain existing clients and attract new ones.

Security When moving into a new property it is important to feel secure. One big advantage of living in a flat or apartment is the availability of several layers of added security, especially in a gated complex.

There is a usually a code to get into the building, CCTV cameras around the entrance, and apartments off the ground floor. Most houses just have an alarm and a lock on the front door. Commitment If you are just starting your career or moving to a new city, you may not know exactly where you want to live.

The great thing about apartments is that you can usually get relatively short-term contracts. Costs There are usually less costs involved when living in a flat.

IELTS essay: houses and apartments

The rent of an apartment is usually cheaper than the mortgage in a house too, and if the square footage is smaller you will have cheaper living costs, such as gas, water, and electricity.Read the IELTS houses and apartments essay.

The question is whether they should buy a house or an apartment. There would seem to be clear benefits and drawbacks to both options. Tip: think of vocabulary before you start to write, it will give you better language and better ideas.

Talk about a house or apartment

prefer. It’s a pretty nice apartment, in a good neighborhood, but that’s irrelevant. The fact that I have not bought a house for my family makes us outcasts, poor, financially irresponsible, or .

IELTS General Writing: a task 2 example. 1.

The Disadvantages

no need to pay a large amount of money to buy a house / no need to worry about borrowed money from bank or relatives. -> using that money instead for studying or travelling. Some believe it has number of benefits to rent a house while other think it has many disadvantages.

This is an example of what economists call “equilibrium” and it means that ultimately, it will likely cost you about the same to rent or to buy. You can also try to do this calculation. For example, there is the “rent vs. buy rule of 15,” which says to multiply the annual rent of a comparable property by So if rent is $1, a month, it’s $12, annually.

Is it better to buy a house or rent an apartment essay

Multiple that number by 15 and you’ve got a suitable purchase price of $, Apr 02,  · To Buy or Rent a Home?

Weighing Which Is Better. So if an apartment would rent for $4, a month, that means you shouldn’t pay more than .

Renting vs. Buying a House - How to Make a Decision, Pros & Cons