Apartment living can be such a perfect solution for so many people that even the ancient Romans and Egyptians had this figured out thousands of years ago. Beautiful apartments have been uncovered in recent archeological findings, with layouts and amenities not all that different from what we would expect today! Large windows, patios, kitchens and, yes, even bathrooms – all decorated with gorgeous mosaic tiles and paints.
Fast forward a few hundred centuries and people still clamor for this type of living arrangement. Young kids just out of school can’t wait to get their first apartment where they will learn how to get along with roommates and pay their own bills. Hopefully! Older people and even retirees frequently choose apartments over the expense of keeping up a large home. People whose jobs tend to bring them to different cities frequently just find that apartment living is much easier than house hunting almost every year or so.
Apartments come in all sizes, shapes and styles. High rises, garden apartments, and even two family homes can be found in big cities and tiny towns. Almost everyone has at least dreamed of moving to a large cosmopolitan city like New York and finding the perfect high rise, within walking distance of everything from work to play. Theater, restaurants, and even doctors can be found as close as in your own building or down the block. No matter what you need, it’s guaranteed to be close by.
These buildings typically have excellent security measures and many onsite amenities such as onsite laundry facilities, a function room for parties or other events, and maybe even a coffee shop. Places like Boston and New York frequently have shops and restaurants on the first floor and the remaining floors consist of living space.
Of course, all this comes with a price – which many simply can’t afford. Your apartment may not even be very large or very attractive, but the lure of the big city and all it has to offer frequently overshadows what might turn out to be some costly commitments. However, many newcomers find sooner or later that literally spending all their money for this of convenience might not be the best choice, and they head to suburbs or a cheaper city.
Some couples purposely choose the apartment lifestyle. They have their children, maybe find a bigger apartment, but focus on complexes that are targeted at family life. Playgrounds, tennis courts, a club house, secure parking, and maybe even onsite daycare and grocery stores are all common amenities aimed at providing families everything they need.
Even some condo dwellers have given up condos in order to move into apartments. With condos you do experience pride of ownership, but you also experience “price” of ownership as well. Real estate taxes, insurance and maintenance fees can become unmanageable expenses very quickly. Condo owners have complained for years that what looked like a reasonable fee when they bought the property, turned into an outrageous amount of money within a year.
Before committing to anything, ask if they have a move in special, free rent, or reduced deposits. Rental managers know they need to compete just homeowners who are trying to sell. It’s a renter’s market out there!
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