{"id":5161,"date":"2017-01-23T19:33:10","date_gmt":"2017-01-23T19:33:10","guid":{"rendered":"https:\/\/langleyapartments.com\/?p=5161"},"modified":"2017-01-26T20:45:04","modified_gmt":"2017-01-26T20:45:04","slug":"renting-vs-buying-whats-best-bet","status":"publish","type":"post","link":"https:\/\/langleyapartments.com\/renting-vs-buying-whats-best-bet\/","title":{"rendered":"Renting vs. Buying: What&#8217;s Your Best Bet?"},"content":{"rendered":"<p><strong>Why Rent? Lets look at the facts&#8230;<\/strong><\/p>\n<ul>\n<li><strong>LOWER DOWN PAYMENT \u2013\u00a0<\/strong>The number one benefit of renting an apartment is that you don\u2019t have to save for a large down-payment.\u00a0 When buying a home, you will have to make a deposit of at least 5% of the purchase price.\u00a0 However, when renting an apartment, you only have to make a security deposit equal to half of one month\u2019s rent.<\/li>\n<\/ul>\n<ul>\n<li><strong>LOWER MONTHLY COST \u2013\u00a0<\/strong>When you buy a home, you have to pay for both the monthly mortgage payment, property taxes, and regular building upkeep.\u00a0 This is more than the rent you would pay if you were a resident..<\/li>\n<\/ul>\n<ul>\n<li><strong>DON\u2019T WORRY ABOUT MAINTENANCE \u2013\u00a0<\/strong>The cost of maintaining a property is paid for by the landlord.\u00a0 Maintenance is a big cost of owning a home, which you can avoid if you become a resident of Langley Apartments.<\/li>\n<\/ul>\n<ul>\n<li><strong>APPLIANCES ARE FREE \u2013\u00a0<\/strong>Appliances can be very expensive. \u00a0When you rent an apartment, appliances are included! \u00a0However, if you buy a property then you have to purchase appliances such as a fridge, stove, and microwave and pay for the maintenance to repair or replace them as they age.<\/li>\n<\/ul>\n<p>Stirling&#8217;s Dr Isaac Tabner, Senior Lecturer in Finance and Director of the MSc in Finance, said: &#8220;It is often thought that buying a house makes more financial sense in the long run: however, renting is frequently more worthwhile than buying for financially-constrained households, as well as households likely to relocate within 10 years.<\/p>\n<p>Read more at: <a href=\"https:\/\/phys.org\/news\/2017-01-benefits-renting-home-underrated.html#jCp\">https:\/\/phys.org\/news\/2017-01-benefits-renting-home-underrated.html#jCp<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Rent? Lets look at the facts&#8230; LOWER DOWN PAYMENT \u2013\u00a0The number one benefit of renting an apartment is that you don\u2019t have to save for a large down-payment.\u00a0 When buying a home, you will have to make a deposit of at least 5% of the purchase price.\u00a0 However, when renting an apartment, you only&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/langleyapartments.com\/renting-vs-buying-whats-best-bet\/\" class=\"excerpt-read-more\">Learn More<i class=\"fa fa-angle-double-right icon-double-angle-right\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":4525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-5161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whats-new"],"_links":{"self":[{"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/posts\/5161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/comments?post=5161"}],"version-history":[{"count":0,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/posts\/5161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/media\/4525"}],"wp:attachment":[{"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/media?parent=5161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/categories?post=5161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/langleyapartments.com\/wp-json\/wp\/v2\/tags?post=5161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}