It’s a common conception that every American’s dream is to own their own home. However, being a homeowner isn’t always the best living choice for everyone. If you’ve found that you’re more suited to city living, there’s no reason not to take advantage of the luxurious yet affordable lifestyle that living in a loft apartment offers.
Here are the top five reasons why making the rent vs. own decision is easier than ever when you consider living in a loft:
1. Living in a loft might be more affordable than owning a home. Don’t let the term “luxury apartment” scare you off — luxury loft apartments are a very affordable option, especially compared to owning a home. During the first five years of owning a home, you are essentially making your monthly house payments to the bank and not building up the value of your house. If you’ll likely move in less than five years, it’s a better choice financially to rent for now.
2. Living in a loft is often luxurious. Many people choose luxury apartments to rent because of the carefree lifestyle they allow residents to lead. When you live in a loft apartment, you won’t have to worry about lawn care, maintenance or other big projects that would otherwise take up your time as a homeowner.
3. Living in a loft is safe. Because most luxury apartment complexes are located within gated communities, safety is never a concern while you are living in a loft.
4. Living in a loft is spacious. Loft apartments for rent often boast impressive amounts of space, with square-feet amounts that almost make the average apartment look like a broom closet.
5. Living in a loft comes with great amenities. Many luxury apartment complexes offer a wide variety of first-class recreational amenities for renters like swimming pools, tennis courts, fitness rooms and more. These amenities also allow you to socialize with your neighbors who share similar interests and lifestyles as you. Find more on this here.
