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 rent
Least expensive option!
On-Campus
Dormitory
Small rooms rented to students
Contains bed, desk, dresser and maybe couch
Sorority and fraternity houses
Cooperative housing

3. Housing Alternatives Duplexes Condominiums
Looks like single family home
Two separate living quarters with two separate entries
Larger than an apartment, but not as expensive as a house
Condominiums
Own/Rent
Individual in shared communities with common grounds (house, apartment, duplex)

4. Housing Alternatives Houses Apartments Usually most expensive option
More roommates to share expenses
Apartments
Small size
Furnished (bed, tables, couches, etc) or unfurnished

5. Living Arrangements Choose your roommate
Get to know each other before moving in
Discuss lifestyle habits
Smoking, drinking, clean, use of free time, boy/girlfriends
Source of income
Share common expenses
Rent, utilities, food, laundry, etc.
Transportation

6. Living Arrangements Choose where to live
Budget rent to be 25-30% of net pay
Security deposit
Refundable amount of money paid in advance in order to protect landlord against damage or non-payment
Cleaning fee
May be charged upon leaving

7. Living Arrangements What to take Furnished or unfurnished?
Towels, sheets
Dorms need extra-long twin sheets
Cleaning supplies
Mops, broom, vacuum, detergent, cleaners
Personal items
Shampoo, cosmetics, medicines
Clothing, shoes, dress clothes
Pots, pans, dishes, silverware
Lamps, hangers, clock, television, decorations

8. Planning Your Move Plan the move Hire movers? Installation charges
Electricity, gas, cable, phone
Deposits
$ or more may be required
Refunded when your credit is established
Parents 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 notice
Month-to-month or yearly lease
Convenience
Located near shipping areas, school or city
Minimal responsibilities
You don’t have to cut grass or worry if something breaks, just call landlord
Social life
Many young, single or newly married people
Lower living expenses
Less expensive per month to rent

11. Disadvantages of Renting
Noise
Live in close quarters, share walls
You can hear music, talking, walking around at late hours
Lack of privacy
People nearby all the time
Can also be an advantage if living alone!
Small quarters
Lack of storage
Often no garage or safe place to store bikes or other items
Lack of parking
May have to park on the street

12. Landlord Responsibilities
Habitable dwelling that includes
Wall, windows, roof and doors to keep out cold and water
Floors, walls, ceilings and stairs in good shape
Elevators, halls, stairways meet fire and safety standards
Secure locks
Plumbing facilities up to code
Adequate water supply
Lighting, wiring, heating and appliances in good shape and meet safety standards
Clean and sanitary building and grounds

13. Tenant Responsibilities
Usually clearly stated in lease
Must abide by the terms of your agreement
Pay rent on or before due date
Give at least 30 days notice of moving
Keep place in good condition
Prevent unnecessary wear and tear
Use the apartment/house for the purpose it was intended
Notify landlord of any needed repair
You must grant access
Obey rules of building and be respectful of other tenants