Apartments boost amenities to attract, retain ownership-shy tenants
A lousy housing market has driven hundreds of affluent central Ohioans to apartment complexes.
Now, can community gardens, sports bars, granite countertops and trips to Ikea keep them there?
New high-end complexes from Groveport to Hilliard are offering a bevy of amenities to attract and retain tenants, many of whom are paying more in rent than they might on a mortgage."The same people who rent today might have bought three years ago," said Sam Stark, the sales manager with Lifestyle Communities, whose newest apartment complex - the Paddock at Hayden Run - boasts a 7,000-square-foot sports bar called the Goat.
"There's still fear in the housing market. People want to be mobile, and they're willing to pay a premium for living in an apartment."
Adding to the appeal, the Paddock offers a beach volleyball court, a staffed workout facility, hardwood floors, stainless-steel appliances and 9-foot ceilings.
Down Hayden Run Road, the new Hilliard Grand complex provides a dog park, a community garden, a car wash, 9-foot ceilings, Wi-Fi, a fire-pit terrace and washer-dryer hookups.
Those perks and others are in addition to once-luxurious features now considered a must in high-end rentals: fitness centers, movie rooms, clubhouses, pools, business centers and open floor plans.
To those in the industry, such amenities are more than just brochure fodder: They are tools in what could be a watershed moment in modern housing.
The U.S. homeownership rate has dropped to 66.4 percent of households, its lowest level in 13 years and down from a peak of 69.2 percent in 2004. Although many of America's new renters might be eager to hop back into a home when their finances allow, others are choosing to pay rent instead of a mortgage.
"In the past five or six years, we could have bought a home," said Sri Thokala, 36, who moved into Hilliard Grand in June with his wife, Preeti Kawatra, 30. "But especially looking the last two years at the housing market, and the uncertainty of the job market, I don't want to take that plunge."
The couple was drawn to Hilliard Grand by its proximity to Thokala's software engineering job in Dublin, and by the gym, clubhouse and new appliances. They pay $1,005 a month for a two-bedroom flat.
John Scruggs, a 21-year-old model who recently moved into the Paddock at Hayden Run, doesn't plan to buy a home for "five or six years."
Scruggs' $975-a-month rent could cover a mortgage, but instead of buying, he is considering upgrading to the three-floor town house plan for $1,275 a month.
How To Break A Car Lease - News
The bottom line is simple: I made a choice. It was important to me to shed the car. I did not do it for environmental reasons. I did it for financial reasons (I made up the $3000 payment to break the lease in less than a year) and health reasons.
The perks seem to have worked: The complex, which opened in January, has rented all but 30 of its 284 units, the fastest lease-up that Rurik-Goodwin has seen in her decade of managing Edwards' apartment communities. "I think those amenity expectations
No small sum, but when you consider what that entails it is well worth the money; the lease of a high spec aircraft, its maintenance and fuelling, the salary of a clutch of highly experienced pilots. Currently medical staff are funded by the health
The simulation was in a modified Aaron's Sales and Lease race car.File photo/ By MELANIE VANDERVEER For race car lovers, this weekend means engines roaring around Pocono Raceway. It also means some community and family fun in downtown
What's missing from the market are the more impulse-oriented and emotional buyers who "want" to buy a car rather than those who must buy because of expiring lease contracts or aging vehicles that need to be replaced, said Jesse Toprak, an analyst with
How to Break a Car Lease - wikiHow | DJive.com
Compared to purchasing a car, the lower up-front costs and monthly payments of a car lease may sound like a good plan at the time, but if you have to break the car lease early, the money-savings can be lost. You may have to get out of a lease because you cannot afford the payments, need a different type of car for personal or business reasons, or the car has been damaged or stolen. When you have to break a car lease, transferring the lease is usually less expensive than terminating it. This article will help you carefully weigh the options and costs before deciding how to break your car lease.
How To Break A Car Lease - Bookshelf
Black Enterprise
Lessees: drive hard for every tax break When it comes to deducting car ... If the company is paying, and deducting, $400 per month to lease a car for you, ...Beating Stressful Situations, Tips and Secrets on How to Beat the Odds
How to break your lease It was not over; I still had many excess bills left over ... were calling me every day, and the bank was about to repossess my car. ...The Money Book for the Young, Fabulous & Broke
You have a $400 monthly car-lease payment. If you use the car for business half the time, $200 is eligible for a tax break. Next, let's assume you are in ...Business Lease Renewals, The New Law and Practice
The landlord originally opposed a renewal on ground (f) but withdrew that opposition and proposed a new 1 4 year lease with a redevelopment break clause ...Kiplinger's Personal Finance
change your mind and decide to turn in a car before the lease ends? The consequences depend on the terms of your lease. And the earlier you break the lease, ...Everyday Report Directory
How To Break a Car Lease | Car Finance | Howcast.com
How To Break a Car Lease. Return a leased car before the lease's end without termination fees.
How to Break a Car Lease - wikiHow
wikiHow article about How to Break a Car Lease. ... When you have to break a car lease, transferring the lease is usually less expensive than terminating it. ...
How to Break a Car Lease - Financial Web
It's in the best interests of an automobile dealership to make it as difficult as possible for you to break a car lease. Due to vehicle depreciation, the dealership ...
" How to Break a Car Lease
 The idea behind breaking your car lease is to pay as little as possible, while avoiding the pains and the anguish of having to pay off the entire ...
How To Break A Car Lease - rpmGo.com
How To Break A Car Lease. Lease is an option if you can't afford a car any other way, but sometimes it also important to know how to break a car ...