Is apartment life better?

Is apartment life better?

Apartment living can be much more cost effective than house living for both bills and rent. Heating and cooling a smaller area will save money on your gas and electric bills. The rent is usually much cheaper on apartments too, compared a house or a mortgage.

Why is it better to live in an apartment?

As an apartment tends to be a lot smaller than a house, less money is required for gas and electricity to heat the area. Apartments are also built compactly, meaning that you can save money on heating your apartment during the colder months, whilst any newer builds also tend to be more energy efficient.

Can you live forever in an apartment?

In theory, yes you can – as long as your lease continues to be renewed. If you want to stay in an apartment forever. You are not alone. According to National Freddie Mac’s 2019 housing survey, nearly 40% of renters report that they will likely never own a home.

What is bad about living in an apartment?

What are the cons of living in an apartment? Cons of living in an apartment can include a smaller living space, less privacy, more noise, strata levies and reduced renovation potential.

Is apartment Living the future?

With house prices constantly soaring and populations growing rapidly in major cities, apartment living seems to be the way of the future. Our busy, fast-paced lifestyles have meant that the dream of owning a house in the suburbs is transitioning to feature a high-rise building instead.