The argument in the press over whether to rent or buy has lately been more prominent than usual. The rent vs buy debate is complex and often the important issues can get lost in the emotion of it all. People forget that buying home is only an appropriate for some. Those who refer to renting as money down the drain are missing the point.
Renting an apartment in Ridgeland, SC provides flexible access to accommodation for many who are not interested, for whatever reason, in buying a home. Unlike buying, renting in an apartment home is less expensive and it is a faster and easier transaction. Renters carry no responsibility for building maintenance and have no exposure to house price risk.
Renting a home also provides options for those for whom it is not appropriate to buy in the current climate, such as those in full-time education, those who would prefer to be mobile, or those who are not interested in home maintenance or home ownership.
Excerpts from Mortgage Strategy