Consider income, available housing, location, attitudes toward owning property, job mobility, stage in the family life cycle, size of the family, available financial assistance, credit rating, etc. List the advantages and disadvantages of renting and buying. Create a list of characteristics of a family that would be more suited to housing rental than housing purchase. Debate renting vs. buying accommodation. To assess rental requirements of various families and the options available within the community.
Students are to create a list of considerations for determining rental needs.
Ideas such as cost, location, access to public transportation, lease, type of accommodation, and space should be discussed. List costs involved in rental accommodation such as rental payments, utilities, parking, luxury features, maintenance, repairs and remodeling, insurance, laundry, and damage deposit. Define low rental public housing. Discuss the advantages and disadvantages of low rental housing. Investigate low rental public housing in your area to determine rental cost, types available, and eligibility to occupy these units.