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Wednesday, May 30, 2007

Renting an Apartment – Sleeping in Peace

That is a major benefit of renting an apartment. One need not to worry about washroom leaks, broken cupboards, stove fuses, electricity breakdowns, other plumbing headaches, wall paintings, outside cleanliness, lawn moving, snow shoveling and the like.

Whenever there is any problem, one calls the management and, thus, shifts the responsibility. That is a great psychological satisfaction and freedom from worries that comes with house ownership.

Owning a house or renting an apartment works in accordance with the universal rule of give and take. We give something for something in return. While renting an apartment, one gains mental peace but gives away a chance to own a personal piece of property in the long run.

With house ownership, though one has to care for house maintenance, but in the longer run, that effort pays for itself and may bring in proportionately more than positive results. In this case one gives up a little bit of comfort, but may get much better returns ultimately.

Everything has both positive and negative sides. The same general rule of give and take seems to prevail. This may be called by many names. In science we talk about action and reaction. We possibly can draw some similarities here. Renting an apartment is an action. Its reaction is the lost equity that one could have attained in the longer run.

Well, life is short. Many people are right to enjoy it carefree and worry free. People who own apartments and apartment buildings take the risk of keeping and maintaining them. Renters compensate them for this risk taking.

We need both types of people. Those who like to create comforts and others who enjoy them. Both these groups of people benefit in their own ways. We require all types of people. That is the beauty of this world. After all can this world be wonderful in any other way?

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