Why Home Renting Is Becoming A Preferred Lifestyle
In the past, we were given the impression that becoming an adult goes in this order: graduate, land a job, get married and buy a house. That last one being the ultimate investment one can achieve. As with all things, times have changed. Though buying your own home can offer a sense of security, it’s not always for everyone. This is why home renting has increasingly become a popular choice among people of different lifestyles. If you’re just starting out, don’t have the funds for upfront down payments and house repairs, and your finances or circumstances are likely to change soon, then renting might be a more practical alternative for you. There are many reasons why it might actually work better for your particular needs and preferences.
Living in an established location
Homes in central locations tend to be pricier because these are near transportation hubs, offices, commercial centers, public facilities and other lifestyle destinations. Home buyers would sometimes end up purchasing homes in areas that are rather far from the city because these are more affordable and realistic – even if it means you would have to travel hours to get to work or delay that midnight craving because your favorite restaurant isn’t in the area yet. If you’re a home renter, you have the liberty to choose to live near where you work or study. You can easily see and decide if your prospective home is close enough to what matters to you today.
Freedom and flexibility
One of the advantages of being a home renter is that you are not tied down to just one property and location. Let’s face it, our life circumstances keep on changing. You may be single now but be married the next year and grow your family in the next few years. You may be in Makati now in a studio unit, but in the next few years, you might need a place in Ortigas for a family of four. At work, who knows if you’ll be relocated to a satellite office or your headquarters will transfer to a different city? In all these, home renting is a more flexible alternative to your developing lifestyle. Home renting lets you live your life as it is.
Investment other than real estate
When you purchase a property, the financial obligation doesn’t end with mortgages. You still have to pay for regular hefty taxes and usually, it fluctuates depending on the changing economic conditions. When you rent, you don’t have to shell out for this significant financial burden. In fact, this hard earned money that you are able to put aside by renting, you can invest in other things important to you other than real estate, be it in stocks, mutual funds, foreign exchange, corporate bonds, cryptocurrency, a start-up business – anything.
No maintenance cost
When you rent a property, the landlord is usually responsible for the cost of repairs and maintenance of your place. If the roof or faucet leaks, as a renter, you do not have a responsibility over these things. Depending on the repair, these costs can be quite expensive.
When you have finally made your decision to move out and rent, make your experience easy by engaging a leasing partner such as Dwellings by Eton. It is a leasing program by Eton Properties Management Corporation that is committed to ensure a stress-free and hassle-free experience for renters.
They have hundreds of properties in central locations. In Makati, you can choose preferred units in Eton Residences Greenbelt, Eton Parkview Greenbelt, Eton Tower Makati, and Belton Place Makati. In Ortigas, Eton Emerald Lofts offers executive living in a central address. They also have available homes for different requirements in Manila at 8 Adriatico, Eton Baypark Manila, and One Archers Place. Notably, professional leasing staff of Dwellings by Eton offer personalized service that will help ensure you get the most out of your living space depending on your preference and budget.
More and more people nowadays are opting to rent homes because of its convenience, flexibility, and cost efficiency. When it’s time for you to move out, let Dwellings by Eton help you discover your own space. Dwellings by Eton is committed to make your home renting easy, simple, and hassle-free.