Apartments in some cities and municipalities offer as much space as the average size house. Amenities in apartments make living at the rentals comfortable and flexible. There are granite kitchen and bathroom counters, large walk-in closets and spacious bedroom en suites, to name a few apartment amenities.
Why it might be time to transition from renting to owning
With amenities like these, you can feel like you're living at a house even while you rent an apartment. But, that doesn't mean that it always makes sense to keep renting a house or an apartment. When you rent, you're not in complete control of your living arrangements. Your landlord is.
Generally, renting a house offers more independence when it comes to making decisions about your living space than renting an apartment. However, regardless of where you rent, your landlord may communicate that you cannot:
More reasons to stop renting
Lack of authority to have any type of pet that you want at your home or redesign and style the property the way that you want is only one reason why it might not make sense to keep renting. Check out these other reasons when it doesn't make sense to keep renting:
It's true that renting removes the need to pay for and perform house repairs and general maintenance. By renting, you also avoid taking on a mortgage. What you don't get when you rent is assurance that, despite inflation and other economic shifts, your monthly housing costs won't change. You also generally won't have the authority and legal right to make any design and structural changes to property that you rent whenever you want.