The American dream had drastically changed. Success used to be defined as a home in the suburbs with a picket fence, 2.5 kids, a dog, and a husband and wife. Modern American family dynamics have changed, and the American dream has followed suite.
Following the economic collapse of 2007. the suburbs are no longer viewed as the ideal living location for many Americans. In fact, several suburbanite homeowners have left homes and white picket fences in the suburbs in favor of all that city living has to offer, including spacious and cost-effective luxurious apartments. Here’s why:
City living is more affordable than you think
In the infamous rent vs. own debate, renting remains at the forefront as an affordable housing option for singles and families alike. Renting a luxury apartment offer a variety of financial benefits over home ownership, on-site maintenance provided at no cost to tenant. These repairs are paid for by the landlord or property management company. Additionally, luxury apartment rentals offer fixed monthly rent rates within the lease, whereas mortgages often fluctuate. Luxury rental also offer high-end, modern and eco-friendly appliances which greatly reduce utility expenses.
City living is convenient
Metropolitan areas are known for their advance public transportation systems, which makes hour long commutes stuck in bumper to bumper traffic seem not-so appealing. Public transit is also extremely cost effective, and many city dwellers opt out of owning a car as it is no longer necessary and simply serves as an added expense. Also, metropolitan areas offer a plethora of different services and businesses that are open ’round the clock to better serve the needs of customers.
City living is fun
This goes without saying. Living in a metropolitan area offers a wide variety of entertainment platforms for all tastes. There is truly something for everyone, and most activities can be done at little to no cost. From award-winning restaurants, to latest play, to advanced park and recreation systems, there is never a dull moment.
It’s easy to see why so many are choosing a life in the city over one in the suburbs. Luxury living doesn’t have to cost an arm and a leg! Go ahead and see for yourself! Helpful research also found here.
