Renting versus Buying Essay Example | Topics and Well Written Essays - 1000 words

Renting versus Buying - Essay Example a house and actually own it since it is a symbol of one’s identity and association with a place, but this is certainly not possible for everyone given the varying financial conditions and personal limitations. In fact, a vast majority of people in the modern societies have good and valid reasons to rent a house instead of buying one. Owning a house can be a risky business. It requires a lot of investment on the part of the owner and has very less to guarantee that the investment would ultimately prove worth it. If one wants to make money out of the business of property, it is imperative that one waits for as long as the prices of the land and the property rise sufficiently up to promise a handsome profit. In a vast majority of cases, this happens over a long period of time and one has to wait for too long. It requires commitment and devotion. Owning a house is certainly not a wise decision to make if one can not somehow hold on to it for a considerable period of time. It becomes even more disastrous if one had originally decided to get it financed via a bank or any other source of sum. For an individual to sell a house without having to wait for long, who initially made a down payment worth 10% of the total cost, it would be very costly since he/she would be required to part with a considerable percentage in the commissions of the real state. The closing costs to be offered to the seller would be in addition to that. An even lower amount of the down payment would result in an even greater loss to the seller. Such a blow to the seller is large enough to outshine any appreciation gains made over the property over the period of ownership. renting in the present age given the high amount of uncertainty in the political environment all over the world in general and in the third world countries in particular. The emergence of war against the terrorism has destroyed the fundamental political, social and economic status of a lot of countries all over the world. This is

A Research and Analysis of Returns on the Viability For the Hobbits Assignment

A Research and Analysis of Returns on the Viability For the Hobbits Choice Restaurant - Assignment Example Survey Questions 1. Do you eat at this type of restaurant at least once every two weeks? 2. How many total dollars do you spend per month in restaurants (for your meals only)? 3. How likely would it be for you to patronize this restaurant (new upscale restaurant)? 4. What would you expect an average evening meal entree item alone to be priced? 5. Including children under 18 living with you, what is your family size? 6. To which type of radio programming do you most often listen? 7. Would you describe yourself as a viewer of TV local news? 8. Which newscast do you watch most frequently? 9. Do you read the newspaper? 10. Which section of the local newspaper would you say you read most frequently? 11. Do you subscribe to City Magazine? 12. Prefer Waterfront View 13. Prefer Drive Less than 30 Minutes 14. Prefer Formal Waitstaff Wearing Tuxedos 15. Prefer Unusual Desserts 16. Prefer Large Variety of Entrees 17. Prefer Unusual Entrees 18. Prefer Simple Decor 19. Prefer Elegant Decor 20. Prefer String Quartet 21. Prefer Jazz Combo 22. Year Born 23. What is your highest level of education? 24. What is your marital status? 25. Including children under 18 living with you, what is your family size? 26. Please check the letter that includes the Zip Code in which you live (coded by letter). 27. Which of the following categories best describes your before tax household income? 28. What is your gender? 29. Probable Patron of Hobbit's Choice? 30. Recoded income to $1,000s using midpoints of questionnaire ranges 31. State age