BY On Jul 11, 2018 Apartments
Apartment proportions are, simply put, convenient. A newly graduated college student is generally looking for a place to call home; a living room, bedroom, bathroom and maybe a kitchen for show. This space does not have to be large and lavish, it just needs to feel safe and quaint (even for the guys). This same basic need is apparent in most people, college kids, single women, bachelors and even friends who chose to live as roommates. Other great benefits of apartment living are the social implications of the close proximity and connections one develops during their residency. Although a sense of community exists in both rural and suburban areas, the close proximity of apartment life enhances the probability of creating life long connections.
Parallel to buying a home, apartment rentals make great short-term options. Deciding to buy a home is a life long dream but you have to live somewhere while you prepare to make that dream come true. Whether you are working on credit, saving money or mentally preparing for the responsibility of owning a home, an apartment is the best interim option.
By the mid-19th century, large numbers of inexpensive apartment houses were under construction to house swelling numbers of industrial labourers in cities and towns across Europe and in the United States. These buildings were often incredibly shabby, poorly designed, unsanitary, and cramped. The typical New York City apartment, or tenement, a type first constructed in the 1830s, consisted of apartments popularly known as railroad flats because the narrow rooms were arranged end-to-end in a row like boxcars. Indeed, few low-cost apartment buildings erected in Europe or America before 1918 were designed for either comfort or style. In many European cities, however, particularly in Paris and Vienna, the second half of the 19th century witnessed great progress in the design of apartments for the upper-middle class and the rich.
As discussed in the financial benefits, maintenance expenses are generally lower due to responsibility generally falling on landlord/owner. Not only is the lack of maintenance worries a financial blessing, but it’s also a check off the “Things to Do” list. When it snows, no need to shovel, when the lawn looks a little rugged, it’s not your concern – Ovation will take care of that. The peace of mind associated with the mental freedom of renting is priceless.
The financial benefits discussed here are gateways to our future. While we endure less burden and responsibility while renting, this is the opportune time to invest into your future. By placing the money saved into a “rainy day” account, this can be the beginning of a brighter financial outlook.
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