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Lesson 21.1 Housing Decisions

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Lesson 21.1 Housing Decisions Describe the various housing rental alternatives, including commuting to school or work from home, living on campus, apartments ... – PowerPoint PPT presentation

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Title: Lesson 21.1 Housing Decisions


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
  • 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
  • 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
  • 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
  • 75-100 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
  • Can move on short notice
  • Month-to-month or yearly lease
  • Convenience
  • Located near shipping areas, school or city
  • Minimal responsibilities
  • You dont 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
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