The buyer has the time they need to fix their credit from a previous foreclosure, pay the low cost of renting. Not only is the seller coming out on top, but past homeowners do not have to deal with the stigma of never owning a home again. Thanks to the decline in real estate, most people that are looking to sell their home are turning to rent-to-home options to as an avenue. Although there is a slight increase when it comes to people buying homes, it still has a ways to go. Who wants to rent a home that will never be theirs?
The biggest pro of living in such a dwelling lies in not having the responsibility of taking care of such things as lawn care and other forms of maintenance that are an inherent part of home ownership. A condo is truly a carefree life and often has expensive amenities you can not inexpensively find in a single family dwelling, such as swimming pools, gyms and clubhouses.
That is why I go against the method of taxing; however, I still believe free housing should be achieve. I believe that the best way of solving this would be creating a non profit foundation with a goal of providing homeless and poor people with accommodations. Building houses for many people may be a little out of reach because it would take a lot of resources, I believe a better way is to build a big complex/apartments for people. The article suggests that people does not like living in accommodations like hostels because there are many people and it does not feel like home, which I agree with. However, when you are given free accommodations, I feel like you should not be picky and appreciate it
This raising of the transportation and housing costs put pressure on families, making them abandon the basic and critical needs, or taking depts. Families face the house cost problem by moving and living in low-cost houses which are far away from their jobs, but they do not put in their consideration the transportation cost. If a family kept some money from housing cost, they will find themselves paying that money to transportation. Affordable housing can help the low-income families, it allows families to save money, better health and job. Providing affordable housing in the main stations and in transit-rich areas is important for the low-income families to reach their housing and their jobs easily, because most of the houses are near to transits are expensive which make it difficult to low-income families access these areas.
Therefore owning a house serve as a store of value and possible equity growth which is as a result of price increases. Owning a home gives you the ability to make choice in any lifestyle that you consider suitable which is far different from renting a house that the landlord may restrict you from certain lifestyles. When on own a house, he has all the decisions to make and can therefore decide on how/when to decorate or renovate his house which is not possible with renting a home. As part of human nature, owning a home give that pride and satisfaction of ownership which cannot be found while renting a home. Another great advantage of owning a house is tax deduction for mortgage interest which is not available for those renting a house.
These contracts may include pre-opening services and include activities like hiring and training staff, purchasing inventories and operational activities that must be done before the first guest enters through the door. With the operating agreement in place, we should look into a summary of the advantages and disadvantages of hiring management companies to run the show for you. SUMMARY OF ADVANTAGES • Targeted expertise - the right company chosen will ensure that the expertise is there from the opening day. • Proven Expertise – A proven track record will ensure that the hotel will be well positioned going by the past successes in running similar hotel properties. • Pay For Performance – in addition to the agreed fees, owners can incentivise the management companies by tying them to a performance bonus for the revenue generated.
Compact Living Compact living can be considered as small composition or necessary things in human lives. Compact living is the definition of what human really need and the things which are most important to live a healthy life. Some can afford a big house but prefer a small house because of the cost and maintenance. Most important in compact houses are functional needs, communal needs, comfort, personal needs, and privacy. According to Nor Rima and Davies (2009), Providing housing is the basic social responsibility of governments all over the world, especially for lower-income groups in urban areas and this poses a challenge.
As there are certain rules and regulations to be followed, keeping in mind the aspects to work legally to become successful. Business can be operated with some level of independence depending upon the nature of the franchised business but in the hotel franchise the owner is independent to a greater extent. The main advantage is at a certain cost you buy the product and services which has been already established and the customer is aware about it which also helps them to spread the hotels brand image and saves more time, expenses to attract more customers. This helps the hotel franchisee buyer the opportunity to get pre sold customers which takes years to build up. Possibility of failure is very low and more chance of being successful as the products and services have already proved their standings.
9. The building’s infrastructure. - Many older buildings don't have the necessary infrastructure to support the high-tech needs of contemporary operations. 10. Utilities and other costs - Rent composes the major portion of your ongoing facilities expense, but consider extras such as utilities—they’re included in some leases but not in others.
Even to the extent that the public sector should be limiting itself as a facilitating role as it has a limiting resource so the housing problems and its inadequate issue must be solved by the private sector and the civil society (Gilbert, 2014). But the private sector provides housing in the open market which is often unaffordable to the low and middle income earners. In terms of housing, housing policy for specified agency is under the jurisdiction of individual ministry. In various countries, agency that has specific thrust to provide public housing differs. There are various forms of housing in different geographical contexts and other descriptive terms sometimes used such as social housing, state-housing, state-sponsored housing, welfare housing, non-profit housing, low-cost