Apartment. Thursday , July 12th , 2018 - 21:38:25 PM
recent trend is emerging in which old buildings such as ancient colleges and schoolhouses are being converted into apartments. While looking dingy and old on the outside, many of these units are state of the are luxurious living after their conversions to apartments are complete. Luxury apartments in 200 year old buildings are very hip, especially closer to the big cities where style counts for something. Often times in large cities, apartment renting is the only way to find shelter since the price for real estate is so incredibly sky high that it is nearly impossible for the average Joe to afford to buy a condo or single family residence.
The way we used to find somewhere to live was by looking in the newspaper or on bulletin boards, making many phone calls and just hoping that all the places haven't already been rented that we want to look at. Trying to find an apartment to rent could take you days and sometimes even weeks. And you would be going in blind if you were moving across the country because there was no way to see what you would be getting.
In most cases, finding the?best apartment?is a simple matter of economics. An apartment's cost is what will make or break the rental agreement. Severely overpriced apartments will sit unoccupied for years while apartments that are even slightly under priced are leased within hours of hitting the market. The general populace rents in a way that say loud and clear that a roof over the head is the main need and the price should be as cheap as possible. This motivation for competitiveness keeps rent rates constantly at the point at which the market can bear, and never more. When a landlord charges much more than his or her competition, his units will never have occupants and he will by default have the worst apartment available to the consumer.
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