Thesis Statement - Topic Paragraph 3. The most important...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Thesis Statement: Even though owning a home is more expensive than it looks, Renting is like throwing away your money because 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
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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 owning a home is more expensive than it looks, 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....
View Full Document

This note was uploaded on 11/21/2011 for the course COM 156 COM 156 taught by Professor Dr.jessicaguire during the Spring '11 term at University of Phoenix.

Ask a homework question - tutors are online