Although a good number of people try to ridicule those who buy apartments instead of renting, I believe this is a good choice.
Paying rent yearly in an apartment that probably has lots of broken facilities that require repairs year in, and year out is not something I would advise anyone to do. Plus, your landlord will constantly increase the rent as the year goes by.
But when you buy yours, even though a lot of people may not consider that as an asset because of the fixing and repairs, you will be doing down the line, I believe it's a better option.
Why? One should have a place called home. If you have such a place you can return to no matter what happens to you outside, you know you can always pick up the pieces and start again.
Imagine getting blows from life and you don't even have a roof over your head because you've been evicted. I wouldn't wish that on my enemy 😭
One thing we will try our best to avoid is any property with a homeowners association. My husband and I both take issue with someone telling us what we can and cannot do with property we own. The house we lost in Illinois was part of a homeowners association. When his daughter was living with us she got a dog so we had to put up and fence. The only kind of fence we could put up was specified by the HOA. Yeah, not doing that again
Ouch! This gave you guys more reasons to want to own your personal apartment, right? Life has a way of putting these things in our faces so we can make a decision.
!DOOK
Yes, there are lessons in everything.