- Provides Flexibility:
As a young person, you are more likely to move rather frequently due to job changes and family changes. So depending on your age and where you are in your career, you may not wish to be tied down to a specific part of the country. Having the flexibility to relocate means not having to wait to sell a home if there’s a great career opportunity in the horizon.
- No maintenance or hidden costs:
Renting an apartment involves no major responsibility for repairs, maintenance, and other aspects of home ownership that can be both costly and time-consuming.
- Save you from investing more money:
Opposed to buying a property, renting an apartment needs no big financial investments. Though renting a place involves giving the landlord a security deposit, this investment is significantly lower than you would need to buy a house.