Benefits of Owning a Home
When you rent, you are
normally limited on what you can do to improve your home since you are not the owner. You have to
get permission to make certain types of improvements. It doesn't really make
sense to spend thousand of dollars painting, installing carpet, tile or
window coverings when the main person who benefits is the landlord/owner and
Since your landlord wants to
keep their expenses to a minimum, he or she will probably not want to spend too much to improve the place, either.
When you own a home, however,
you can do pretty much whatever you want (sometimes you will need to take out a permit from the city or local jurisdiction for major improvements). You get the benefits of any
improvements you make, plus you get to live in an environment you have
created, not some faceless landlord. These improvements may even add value to your home!