Are There Advantages To Renting A House


by David Jenyns - Date: 2007-04-19 - Word Count: 656 Share This!

An apartment house is obviously not the place for a family with children. It is a poor emo­tional climate for them, when they must always be quiet so as not to disturb the neighbors, and when they have little opportunity to get outdoors and run and exercise, and shout as they ought to be able to do. If they must always be afraid of getting in someone's hair, how can they grow up normally and naturally? Life can be so much more interesting for them if they can be in a place where there are trees to climb, pets to love and care for, and where they can feel that these things belong to them. A public park helps, but it is not nearly as good as a place of their own.

If you think an apartment is not the best place for you to live, perhaps you can find a house to rent. This also has its advantages and disadvantages. You are not tied quite so securely to one place. If you are not too sure how long you will be in a place, or are subject to sudden transfers by the policy or caprice of your company, or if you are the type that takes sudden notions to quit and try your luck somewhere else, then you should rent, and not try to buy or build a house.

Renting also has the advantage of relieving you of some of the responsibilities that go with owning a home. When the roof leaks, just call up the land­lord and ask him to take care of it. If you need paint or repairs, let him look after it, and pay the bill. When the tax collector comes around, it is not your problem. You do not need to worry about deprecia­tion. If your family outgrows a house, you can move into a larger one without too much trouble and ex­pense.

It is well to remember that money paid out in rent is gone completely. If you had bought the house ten years ago, and had made rent-like payments for ten years, you would have accumulated a considerable equity in the house, and you would also have bene­fited from the large increase in property values dur­ing that same period. Buying a house gives you some­thing to sell when the time comes to move.

There is not much point in having a house and land, if you do not find pleasure and enjoyment in taking care of it. If the yard is so large as to be a burden to either the husband or the wife, then they would be better off without quite so much. As long as maintaining a house and garden can be fun, all is well, but what future is there in having to work yourself to death in order to live in fine surroundings which you do not have time to appreciate? Enough is enough. There are two extremes to avoid-a spa­cious house and wide-spreading lawns, or a tiny house and no lawn or garden. Let's not overdo it either way.

Renting should be thought of as the short-term solution to the housing problem. Let us not rush out and buy a house, and get stuck too permanently in one place. Don't be in too big a hurry to buy. Rent­ing will provide a place to live, without too much capital investment, and will permit you to move without too much trouble, if necessary.

If you have moved to an entirely different part of the country, you should be careful not to buy until you have decided for sure that you intend to stay. It may also be better to rent for a year or two, until you discover what town or what part of town is best for you.

Sometimes a good house can be rented for a year, with an option to buy included in the contract. This gives you more time in which to make up your mind.


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