Settling down is a matter which concerns almost everyone who wants a build a family. It may sound contradicting but it’s an individual’s continuously growing need that is the root for the desire to settle or choose a lesser costly option (like living with parents or renting space). Some may say that investing in a house is a better idea than renting an apartment or a condo in the residences at greenbelt, for instance.
How about you? Do you mind living in your so-called own home or would you rather spend a little more time renting a condo in the residences at Greenbelt, or anywhere in Makati (the Metro’s center of luxury)?
Living in a house and living in a condo are two different things, but they share one purpose. A house of your own and a condo unit for rent are both physical structures where you could settle down, and they both have their own advantages and disadvantages (that always depend on your current situation).
Having a house of your own means you have all the authority, as well as the responsibility, of all the things inside your house. You want to paint your door blue, no one will tell you otherwise. You want to fence your backyard, you have all the authority. You could easily make adjustments in your own house’s rooms. You could literally make it your own little world. But as well as the prime authority you have, the responsibility of taking care of your house basically lies on your shoulder. This responsibility includes paying the mortgage, and as well as saving enough money for upfront costs such as the deposit and legal fees and ongoing costs including maintenance and insurance costs.
In addition, you have the freedom to choose a community to live in, thus, you take the responsibility to check on the community’s proximity and accessibility to work, school, and market.
On the other hand, living in a condo unit for rent in the residences at Greenbelt, Malate, or Quezon City opens opportunities for career growth and development. While you have your own unit, you aren’t allowed to do great changes to your unit’s design since it may affect other units. However, you have the access to the condominium’s amenities and other great features. Since, a lot of career opportunities are around Metro Manila, a condo unit for rent in the residences at Greenbelt is a good location to be in the center of Makati especially for young bachelors making a living for their future family. You also don’t need to worry too much about safety because there is strict security inside condominiums.
However, whatever you choose should always reflect or at least go well with your emotional, mental and financial situation. Owning your own home and renting a condo unit could be both be good places to settle down; perspective is everything.
I love life and all things about it! How about you?