From growing families to space concerns to parking, these are all things to consider when making the decision between renting a house and an apartment For a breakdown of the benefits and disadvantages of both rental arrangements, keep reading

In the classic and ongoing argument of benefits for renting versus owning, advocates for home ownership always say that when you own a home, you're paying yourself every month and building equity What they neglect to take into consideration is that with the money you save by renting, you could be paying yourself a whole lot more

Finding an apartment, especially in a "landlord's market" can be tough With rental units being converted into condos and vacancy rates at all-time lows, it can be rough locating an apartment unit that fits your budget and your needs

While home ownership allows you the chance to build equity, decorate how you want and own your own home, sometimes renting can actually be the wiser financial choice In addition, renting a property reduces your own workload for home maintenance