Renters swayed by maintenance-free living.As the demand for apartment housing rises, Apartments.com surveyed current renters regarding their choice to rent versus purchasing a home. The survey results reveal that maintenance free living, cost and flexibility are the most common motivating factors for renting. The survey was conducted between October 5 and November 9, 2006. The largest number of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. (43.7%) indicate that they rent primarily for the maintenance free living apartments provide. Many respondents state a strong desire for the convenience of a maintenance person available for common household repairs as well as the freedom of not needing to tend to a lawn, garden or landscaping. "Renting allows residents the freedom to live on their own without the hassle Hassle () is a location in Närke, Sweden, where a Celtic treasure was found in 1936. It comprises a large bronze cauldron which contained two Bronze Age swords of the Hallstatt type, a pommel of bronze, two bronze buckets with of day to day maintenance issues that homeowners are faced with," states Julia VanderRoest, chief marketing specialist at Fogelman Management Group. More than 23% percent of renters state they choose to rent for financial reasons. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the National Multi-Housing Council (NMHC NMHC National Multi Housing Council NMHC Non-Methane Hydrocarbons NMHC National Modular Housing Council ), if an individual plans to live in one place for less than five years, it may make the most financial sense to rent. The costs of buying and selling a home can total 10% or more of the price of the home. Additionally, home ownership in a desired neighborhood may be much more expensive than renting in the same neighborhood. A number of Apartments.com survey respondents indicated that they chose to rent in a preferred school district when owning in the area was not within their budget. Renting also affords individuals the freedom to invest in a variety of stocks, bonds and mutual funds that can provide a higher return on investment as opposed to property ownership. According to the NMHC the average home value increases only 5% each year, whereas the average stock value increases seven percent and bond value increases 8% each year. Nineteen percent of respondents indicate that relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. flexibility and the lack of a long-term commitment in an apartment is the primary reason they choose to rent. For those who choose to rent, apartment selection hinges Hinges may refer to:
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