Outline assignment week three

Outline assignment - Topic Paragraph 3 The most important reason Renting is like throwing away your money is because it is more cost effective in

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Thesis Statement: Even though renting an apartment is a better option then buying a home, buying a home is the better option than renting because renting is like throwing away your money and it is more cost effective in the long run to own your own home and monthly housing expenses are not contributing to build up equity. Topic Paragraph 1. Renting is like throwing away your money. A. You are paying someone else’s mortgage B. Helping someone else become financially secure Topic Paragraph 2. Monthly housing expenses are not contributing to build up equity. A. There are tax benefits B. As your home appreciates in value you can borrow against the equity
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Unformatted text preview: Topic Paragraph 3. The most important reason Renting is like throwing away your money is because it is more cost effective in the long run to own your own home. A. Houses are at an all time low B. Owning your own home is a forced savings plan Conclusion: In conclusion, although renting is a better option then buying a home buying is a better option because renting is like throwing away your money for two main reasons. First, monthly housing expenses are not contributing to build up equity. But most importantly, it is more cost effective in the long run to own your own home....
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This note was uploaded on 01/25/2011 for the course COM156 COM156 taught by Professor Na during the Spring '10 term at University of Phoenix.

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