Presentation on theme: "Lesson 21.1 Housing Decisions"— Presentation transcript:
1 Lesson 21.1 Housing Decisions Describe the various housing rental alternatives, including commuting to school or work from home, living on campus, apartments, duplexes, and houses.Discuss potential living arrangements and decisions related to moving choices.
2 Housing Alternatives Still live at home On-Campus May or may not be charged rentLeast expensive option!On-CampusDormitorySmall rooms rented to studentsContains bed, desk, dresser and maybe couchSorority and fraternity housesCooperative housing
3 Housing Alternatives Duplexes Condominiums Looks like single family homeTwo separate living quarters with two separate entriesLarger than an apartment, but not as expensive as a houseCondominiumsOwn/RentIndividual in shared communities with common grounds (house, apartment, duplex)
4 Housing Alternatives Houses Apartments Usually most expensive option More roommates to share expensesApartmentsSmall sizeFurnished (bed, tables, couches, etc) or unfurnished
5 Living Arrangements Choose your roommate Get to know each other before moving inDiscuss lifestyle habitsSmoking, drinking, clean, use of free time, boy/girlfriendsSource of incomeShare common expensesRent, utilities, food, laundry, etc.Transportation
6 Living Arrangements Choose where to live Budget rent to be 25-30% of net paySecurity depositRefundable amount of money paid in advance in order to protect landlord against damage or non-paymentCleaning feeMay be charged upon leaving
7 Living Arrangements What to take Furnished or unfurnished? Towels, sheetsDorms need extra-long twin sheetsCleaning suppliesMops, broom, vacuum, detergent, cleanersPersonal itemsShampoo, cosmetics, medicinesClothing, shoes, dress clothesPots, pans, dishes, silverwareLamps, hangers, clock, television, decorations
8 Planning Your Move Plan the move Hire movers? Installation charges Electricity, gas, cable, phoneDeposits$ or more may be requiredRefunded when your credit is establishedParents may co-sign to avoid deposits
9 Lesson 21.2 The Rental Process List the advantages and disadvantages of renting a place to live.Describe the elements of a rental application, rental inventory, and lease.Discuss landlord and tenant responsibilities.
10 Advantages of Renting Mobility Convenience Minimal responsibilities Can move on short noticeMonth-to-month or yearly leaseConvenienceLocated near shipping areas, school or cityMinimal responsibilitiesYou don’t have to cut grass or worry if something breaks, just call landlordSocial lifeMany young, single or newly married peopleLower living expensesLess expensive per month to rent
11 Disadvantages of Renting NoiseLive in close quarters, share wallsYou can hear music, talking, walking around at late hoursLack of privacyPeople nearby all the timeCan also be an advantage if living alone!Small quartersLack of storageOften no garage or safe place to store bikes or other itemsLack of parkingMay have to park on the street
12 Landlord Responsibilities Habitable dwelling that includesWall, windows, roof and doors to keep out cold and waterFloors, walls, ceilings and stairs in good shapeElevators, halls, stairways meet fire and safety standardsSecure locksPlumbing facilities up to codeAdequate water supplyLighting, wiring, heating and appliances in good shape and meet safety standardsClean and sanitary building and grounds
13 Tenant Responsibilities Usually clearly stated in leaseMust abide by the terms of your agreementPay rent on or before due dateGive at least 30 days notice of movingKeep place in good conditionPrevent unnecessary wear and tearUse the apartment/house for the purpose it was intendedNotify landlord of any needed repairYou must grant accessObey rules of building and be respectful of other tenants