Pros and cons of owning a home in America

A cozy green lawn house has long been a generally accepted standard that almost all Americans aspire to. But as the medal has two sides, so the ownership of the house has its pros and cons. What is the benefit of homeowners in America and how are they affected?

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Plus: Every young family in the USA can buy a house for themselves by issuing a mortgage loan for 20-30 years. At the same time, the interest rate, as a rule, will not exceed 5% per annum.

Minus A: Over the past few years, the price of homes in some parts of the United States has grown substantially. So, at home in the suburbs of New York and in New Jersey over the past two years have increased in price by almost 20%. And this situation is not only in the state of New York. All this has led to the fact that owning a home is not as financially attractive as it was 5 years ago. More and more American families that used to draw up loans and buy cozy homes today prefer to pay monthly for rent. Only in three out of fifty states, the monthly mortgage payments for your home remain lower than the monthly rent of similar housing.

Plus: Becoming the owner of the house, you are free to redo your monastery to your taste. Paint the walls in any color, remove the carpet from the floor, change the tile in the bathroom and install a normal faucet in the shower - whatever your heart desires.

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Less: However, unfortunately, your design flight of thought is unlikely to spread outside the house. If you bought a house in a nice area and on a nice street, then before you put a gazebo on your lawn, you will have to check whether it is allowed by local rules. Each decent area will have its own list of rules and restrictions regarding the maintenance of the local area, which can regulate everything - from the color of external walls to the height of the grass on the lawn. These rules are adopted at a general meeting of homeowners in each specific area and are followed by all residents. This is how it turns out: the house seems to be yours, but any steps to improve your own territory must be coordinated with other homeowners.

Plus: When you have your home, you can organize parties or invite guests to a barbecue party. All Americans have a grill in the backyard. To fry everything on it and when you want is the privilege of homeowners. When you rent an apartment, you usually have a grill with a grill and, in order to enjoy the meat with smoke, you have to go to the city park in search of a common-use barbecue.

Less: However, before you organize parties, especially if you invite more than two families, you need to warn (read: get consent) from your immediate neighbors. After all, there will be noise and din from your guests and they will occupy the street with their cars (only a few cars will be able to park near your house). But do not warn your neighbors, they may even call the police, referring to the fact that another “suspicious” car is parked near their house.

Plus: Your friends who do not yet have their own home will be envious, because now you have your own home in a good area and with a beautiful green lawn.

On the subject: How in America to buy housing at auction

Less: Now it is you who will have to care for and keep all this beauty in order. Is your roof leaking? Buy materials and climb onto the roof, or be prepared to fork out for the services of a master who will do everything for you. In rental housing, all this is done for you by the landlord's management company, and most often these services are included in the rental price. You call the housing center and they quickly send a technician. In your home, this is already your problem. Learn to use a lawnmower and free one evening a week to mow the grass. Or take out your wallet again - and the Mexican boy will be happy to do it for you.

Plus: With the purchase of a house, you are getting extra vigilant and not indifferent to everything that happens on your street neighbors. Believe me, they will be sensitive to ensure that outsiders do not hang out near your house. So that the parcels left by mail on your porch safely wait for you, and they will be looking for the lost pet along the whole street if you tell them about your grief.

Less: However, the neighbors will watch you as well: do you regularly mow the lawn or clean the autumn leaves on your lawn. Do not leave unattended small children and if you remove handful of their pets. If you at least break the rules, then the neighbors will not hesitate for a minute, they will tell you where to.

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