Skip to main content

3 Alternatives To Full Home Ownership

In many ways, being able to buy your own home is often seen as a marker of success. It’s easy to see why this has come to be such a common way of thinking, too. If you own your own home, not only is it a sign that you’re financially solvent, but it also signifies that you’re responsible and trustworthy. It’s the ultimate status symbol.

However, it’s not for everyone.

The societal belief that owning a home is the pinnacle of success is in need of a little updating for the 21st century. What might have once been seen as an essential to be able to claim to be successful is no longer the norm. There are many reasons for this, but one of the most pervasive is the fact that millennials are being priced out of the housing market when it comes to buying fully-fledged houses.

So - what are the alternatives?

1. Condos


Started with the close-but-not-quite option, owning a condo does still have that element of cache about it. You’re still going to need to find the money for a deposit, and you’re going to have to pay a mortgage.

However, it differs in many ways from owning your own home outright. As the Jupiter Ocean & Racquet Club JUPITER OCEAN AND RACQUET CLUB’S CONDO AND BUYERS CHECKLIST demonstrates, condo living involves paying a fee to a management company who can maintain the building and amenities on your behalf. That makes it a great option if you’re worried about ongoing maintenance costs when you buy your own house; with condos, all that concern is outsourced for a simple monthly fee.
Condos are more restrictive in terms of who can buy them and what you can do with them, but that’s the exchange you make for a more assured home.

2. Renting

Obviously, renting is the next option that you should consider if you don’t want to buy your home. You might immediately dismiss the idea and decide to continue saving for a deposit, but the truth is, renting has its perks.

If you’re renting and a water pipe breaks, that’s not your problem. You just call the landlord and they deal with it. The same applies to all ongoing maintenance issues. You don’t have to worry about insurance, renovations, or structural damage; you just live there without any of the burden of ongoing costs.

When you put it like that, renting begins to sound pretty attractive.

3. Houseboats


Finally, if bricks and mortar is outside of your budget, then a houseboat might be more affordable. There’s plenty of flexibility to being able to move your home wherever you want, so you don’t need to worry about trying to sell your house quickly should you be offered a job in another city.

The downside is that houseboats tend to be small, which means they may not be ideal for a family. If you’re a professional couple, however, they might just be a feasible alternative that will save you money and offer a unique and exciting life experience.

What are your thoughts?


Robert said…
Love to read it,Waiting For More new Update and I Already Read your Recent Post its Great Thanks.
check us out here

Popular posts from this blog

Before the Wrath Movie

 Hi All!! Have you heard about Before the Wrath?  This highly rated film is narrated by Kevin Sorbo. ● Highlights the importance and impact of Biblical prophecy ● Narrated by Kevin Sorbo and featuring: ○ Jack Hibbs - Theologist and host of “Real Life” on SiriusXM ○ Amir Tsarfati - Founder and President of Behold Israel ○ Jan Markell - Founder of Olive Tree Ministries ○ JD Farag - Theologist and Eschatologist ○ Scott McConnell - Exec. Director of Lifeway Research ○ Jay McCarl - Ancient Middle Eastern Anthropologist ○ Lizette Dillinger - Qualitative Director of LifeWay Research ● YouVersion 5 day reading plan available - Before the Wrath 1. Talking points: ● #1 Christian movie in Am I did find much of the movie interesting and informing.  I am not sure I totally agree with all their points, but it did challenge me to go look and research for myself. Where can you purchase Before the Wrath: Landing page: ​https://www.

Prilosec OTC $25 Rebate plus a $100 AMEX Giveaway

Hey Neighbors! Do you suffer from heartburn? I do sometimes. I personally can not eat really spicy foods. Problem? I LOVE MEXICAN! So does my whole family. My husband enjoys really spicy foods and sometimes suffers from it. Solution? Have you heard about Prilosec OTC? If not perhaps you would like to try it. Prilosec OTC has a special offer going on right now through February 15th. Buy 2 Prilosec OTC and get $25 back. Now, I personally have not tried Prilosec OTC yet. But according to the site: "How and Why Prilosec OTC® Works Prilosec OTC Blocks Heartburn When you eat, millions of tiny pumps in your stomach lining create acid to break down food. Normally your lower esophageal sphincter (LES) works as a door, opening and closing to let food pass from your esophagus HEARTBURN GLOSSARY Esophagus: Tube connecting the mouth to the stomach; a passageway for food; part of the digestive

Are Big Dogs A Bigger Responsibility?

Image Source Dogs come in all shapes and sizes. When opting to own a bigger breed, there are clearly going to be some differences in owning a Chihuahua. However, how big are these differences? Is the responsibility far greater with a humungous hound? Or are there some bonuses to having a big bow-wow-ing beast? Diet Big dogs do require a different diet then small dogs, not just in terms of portion size but nutrients too. They often need a greater amount of protein, especially as a pup when they are growing. This higher protein food costs more, and given that you’ll be serving up higher portions, you’ll go through a lot more dog food with a big breed than you would with a small breed. There are also other factors to consider. Big dogs are often more likely to contract allergies to certain foods. This can sometimes mean buying hypoallergenic dog food , which is unsurprisingly more expensive. It’s also recommended using a raised dog bowl once a big dog reaches adulthood.