Much has been touted about the benefits of owning a home versus renting. However, a report from Apartment List indicated that apartment renters might have the edge over homeowners in a couple of areas.
The report, entitled “A Day in the Life,” noted that renters spend more time sleeping than their home-owning counterparts; specifically, those who rent get 14 more minutes of shut-eye a day. This means apartment renters get more than an extra week of sleep a year, compared to homeowners.
And, perhaps unsurprisingly, renters spend an average of 23 fewer minutes a day on household chores, including yard work, house work and home maintenance. Plus, renters spend an additional 12 minutes a day on leisure and an extra five minutes on socializing and entertainment.
On the other hand, apartment dwellers tend to spend less time in their units. Apartment List noted that the typical renter spends an average of 25 fewer minutes per day in his or her apartment, versus a homeowner.
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