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Post by jasonlukers on Jul 22, 2019 6:53:35 GMT
Apartments are much more affordable than big family homes for several reasons. First, there’s less square footage, which means fewer maintenance costs. Buildings often have managers who take care of repairs and maintenance and this service is included in the rent or utilities. In some cases, smaller apartments actually cost more, so you can get better value for your money if you rent a bigger apartment.
You’ll also pay low utility bills because many expenses are shared among the tenants, and you’ll have less stuff to own. Apartment living will teach you to be wiser with your money and control your shopping urges when you remember there’s limited storage.
With houses, you’re limited in your choices of location and there’s usually a limited number of homes for sale in your preferred neighborhood. With apartments, the whole city is your playground. You can decide on the neighborhood and whether you want to be closer to shops or transportation, or bars and restaurants.
Families can choose an apartment near children’s playgrounds, parks or a school so they can walk their kids to and from school every day. Busy professionals may prefer the downtown areas with corporate office buildings, and artists can opt for a neighborhood with a vibrant cultural scene.
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Post by anniefrukes on Jan 9, 2020 18:00:11 GMT
Owning a home can make a huge difference for your financial future, especially for a first-time homebuyer. While buying a home can be a transformative experience for you personally, homeownership can help you financially as well. Homeownership can lead to building your personal wealth due to home equity, or fair market value, which will likely increase over time based on both the market and any renovations you make to your home.
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