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· We will write a custom Essay on Housing: Renting and Owning a House specifically for you for only $ $11/page certified writers online Learn More Introduction A person can either purchase or rent a house. However, these options will present numerous cons and pros. People should consider these issues before making their final decisions · For body paragraph #1, I would like to explain why people prefer to own their home by focusing on financial matters. To me, this is the most obvious reason and it is definitely one that I could explain in depth. For body paragraph #2, I will give a balance argument that explains that this totally depends on the individual person When someone makes the decision to buy or rent a home they must consider the advantages and disadvantages of each. In buying a home the primary advantage is that you actually own it. You can do whatever you want with it. Also, you are building equity as the years go by. “People today have problems saving for their future” (CNN Money, )
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Buying and renting each have their own costs to consider. To buy, you'll need enough money in the bank to afford a down payment and closing costs. How much that will be depends on your home loan, your lender, and more. Many buyers put down as little as 3%, though a larger down payment will usually save you money on interest and mortgage insurance 5 Works Cited Open Document Buying vs Renting The economic decline has possible home buyers, especially first time home buyers, scared to invest anything into the housing market. With the fear of another depression in the back of everyone's minds, some businesses are attempting to clarify the pros of home ownership · For body paragraph #1, I would like to explain why people prefer to own their home by focusing on financial matters. To me, this is the most obvious reason and it is definitely one that I could explain in depth. For body paragraph #2, I will give a balance argument that explains that this totally depends on the individual person
Pros and Cons of Owning a House
· We will write a custom Essay on Housing: Renting and Owning a House specifically for you for only $ $11/page certified writers online Learn More Introduction A person can either purchase or rent a house. However, these options will present numerous cons and pros. People should consider these issues before making their final decisions · Various micro Variable factors inform the decision to either rent a house or buy. These factors include an inventory of houses, number of buyers, interest rates, and individual finances. The housing market operates on the law of demand and supply. A high inventory of houses implies that the supply is high and the number of Continue reading Renting or · Views. The following sample essay on “Renting Vs Buying A Home”. Buying a House is a better option than Renting Amanda Newsome University Composition and Communications II November 5, , Louisa Fordyce Axia College of the University of Phoenix Buying a house is a better long-term investment into the future than renting an apartment
Introduction
5 Works Cited Open Document Buying vs Renting The economic decline has possible home buyers, especially first time home buyers, scared to invest anything into the housing market. With the fear of another depression in the back of everyone's minds, some businesses are attempting to clarify the pros of home ownership The following is an account of the advantages and disadvantages of each: renting and buying. The advantages of renting: •sometimes renting a house is the perfect solution for pre-marriage, with the high prices currently, and the terrible increment of. Words. 5 · For body paragraph #1, I would like to explain why people prefer to own their home by focusing on financial matters. To me, this is the most obvious reason and it is definitely one that I could explain in depth. For body paragraph #2, I will give a balance argument that explains that this totally depends on the individual person
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The following is an account of the advantages and disadvantages of each: renting and buying. The advantages of renting: •sometimes renting a house is the perfect solution for pre-marriage, with the high prices currently, and the terrible increment of. Words. 5 In this case, the law of demand and supply dictates that suppliers reduce the price of buying a house. In this case, buying is a cost-effective long-term plan compared to renting. Costs will escalate when there is a high number of buyers as stipulated by the law of demand and supply. In that market, renting becomes cheaper than buying the house · For body paragraph #1, I would like to explain why people prefer to own their home by focusing on financial matters. To me, this is the most obvious reason and it is definitely one that I could explain in depth. For body paragraph #2, I will give a balance argument that explains that this totally depends on the individual person
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