College Student Rent An Apartment Essay

Some people might think that renting and owning are pretty similar, but they do have a lot of differences that people tend not to think about. In fact most people don’t do a lot of research on the differences and similarities. Renting a place to live is a wiser choice and is cheaper in the long run, but having a place that you own has a lot of advantages to. Some differences that people don’t think about are maintenance, utilities, and restrictions.

Housing insecurity for college student is not a topic that has been greatly researched in America. However, the research that has been done is quite awakening. According to Broton & Goldrick-Rab (2016), “ student families earning an average of just $20,000 a year are now required to pay at least $8,000 for one year of community college and more than $12,000 a year at a public university (p.17). This is asinine because most families that make only $20,000 do not have means to fork out thousands of dollars for their child to go to college. In another study, nearly 90% of college students at campuses around Wisconsin reported being worried about not having enough money to pay for things in college (Broton & Goldrick-Rab, 2016). In addition, 78%

Housing is one of the most pressing issues facing communities today. It effects practically all demographics, especially students, minorities, and low-income workers. College towns are often face the toughest challenges, with many students experiencing an extremely high cost of living. Without a detailed housing plan drafted by community members there is no chance of improving the conditions of housing or their related expenditures. So, what should be done about housing in college towns? How can we hope to provide for a municipality’s citizens while keeping costs down? Can neighboring institutions and cities assist or should they give communities the autonomy to improve themselves? The answers, I hope, will be found within the rest of this essay.

As if all of the more or less hidden fees were not bad enough, young, single, and poor families able to find a rental property are often discriminated against. Landlords tend to use factors such as income and credit history in determining who gets their rental property Richer families end up doing better with rent control laws because of this. Poorer people who make up a larger part of the population end up out of a house to live in.

Numerous studies all over the world have made assumptions about the academic performance of students staying on campus in residences and those who travel to campus every day. Some studies suggest that those students who live in campus residences tend to have an advantage over those who don’t (Peterson, 1975). The following review based in related literature will strive to be as thorough as possible about the chosen topic and problems.

The focus of this paper is to dispel a common view that community colleges do not provide on-campus housing and to provide greater insights into the types of community colleges that provide on-campus housing, the typical student who resides in on-campus housing, a guide to various California community colleges that provide on-campus housing, and the impact that on-campus housing has on student learning outcomes, financial gains for community colleges that provide on-campus housing, and an overview of the lack of data in the area of not only on-campus housing in community colleges, but community colleges at large. According to Cohen and Brawer (2008) access to student housing is one of the fundamental dissimilarities between public

This study discusses the risks that college students can be exposed to when choosing off campus housing. Initially, this article presents the property owners of rental properties as individuals who do not take care of their properties and have no concern for the tenant. Further reading of this article finds that due to the high turnover with rental properties and college students there is a greater risk of the student becoming physically sick due to the environment within the rental property. “Globally, housing is the single most important environmental factor associated with disease conditions and higher mortality and morbidity rates (United Nations, 2007)” (Johnson, Cole & Merrill, 2009, p. 2).

Full time student and soon to be graduate, Kyle David Bellini, has many opinions regarding the renting versus buying a home debate. As he is studying real estate at the graduate level, his education has given him more insight into the matter than most. There are definite pros and cons

As you see there are definitely pros and cons when deciding if renting or buying is right for you. When you rent, you don’t have the responsibility of maintaining the home, you aren’t worried about improving the interior or exterior of the dwelling, you don’t have to pay taxes on the home, and you aren’t faced with the possibility of losing the capital put into the housing market, or the possibility of foreclosure if a mortgage payment is missed (Should you rent or own). But on the flip side, when owning a home the equity in the home can be converted into money if refinanced or sold. Over the years, if kept well, real estate property increases in value and therefore this asset will up in value the longer the property is held (Should you rent or own).

There are many benefits to the Rent-to-Own option, including living in and taking care of the home prior to purchase. While paying each month toward the lease purchase, the buyer can continue to improve credit history and begin to build equity in the home. The Rent-to-Own option is a great way to get into a specific neighborhood with the opportunity to purchase the home without the penalty of a large down payment or previous bad credit history. If the buyer has recently regained employment this option allows further building of employment history. While there aredisadvantages to every option, specific, and clear communication can resolve many issues up front. The major consideration in the Rent-to-Own option is the loss of rent credits and the option fee toward the purchase if the tenant determines that the home is not what they wanted. In addition, if the market changes and the fixed price of the home is higher than the market demand the tenant is contractually obligated to the agreed upon price. So as a

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, 2014). However, when they buy a home, the

Thesis: Home ownership provides greater potential gains than renting, while renting provides superior financial flexibility.

Some individuals may believe that buying a home is part of the American dream and that renting an apartment does not compare, yet satisfied renters would disagree. Even though owning a home provides a sense of security while allowing modifications without permission, renting is preferred more often over buying because the expense of updating, monthly payments combined with utilities, and paying insurance on a home comes with a high price tag. A homeowner does have several luxuries such as forming lasting friendships with their neighbors, making landscaping changes to their yard, painting and designing their home. While that remains true, renting an apartment comes with several different options and

Living on campus would increase the financial burden of continuing education resulting in mounds of student loans that a new graduate would be obligated to repay. Often times you do not know who your roommate might be as you are assigned a dorm room and you could be paired with a person whose personality you are incompatible with. Facilities are often not as comfortable as home living as rooms are small and shared by multiple students and bathroom facilities are often not as accommodating as they are at home. Living at home means extended commute times that could be better utilized for classes’ preparation time. A commuting student will also incur costs for travel that can offer its own financial

Why spend money that is really needed for other things? Why live uncomfortably? Why be trapped in this hole called a home that belongs to another person? Why not live free and peacefully? When a person rents he or she usually throws away money that could be used to purchase something that belongs to them. Money is not easy to come by so why pay out hundreds toward something that is not benefit to the person paying it out. There is no good explanation for making a decision like this. The best option in a situation like this is to buy a house. Buying a house is a better option than renting an apartment.