4 Reasons to Consider Short-Term Housing
As with most items in the marketplace, there are housing situations to meet all needs. Generally, the focus is on long-term rentals or buying, but there is also a considerable market for short term, furnished housing rentals.
1. New to the Area
When moving to a new area, it takes time to learn your way around and figure out the neighborhood scenes. Taking the time to rent short term gives you the opportunity to check things out. It may be that you and your family are particularly interested in outdoor activities. Maybe you want take out or like to eat out every night. Or, maybe you want a walkable neighborhood where walking to the store or restaurant is a simple proposition. Taking the time to live in a short term situation first allows you to check these things out before committing.
2. Business Assignment
As the economy continues to change, short term job assignments that are away from home have become more common. A consultant may set up shop for a few months in to work on a project such as planning a conference or reviewing an IT proposal. Managers may be assigned to a different office for specific reasons. Project managers are often required to go to a different site to plan or implement an assignment. Businesses rent short term, furnished apartments for employees to call home for the time of the assignment. This can increase employee satisfaction not found with an average business trip.
3. Just Starting Out or Starting Over
In some cases, it may be more economical to rent a short term, furnished apartment than to go through the process of buying furniture and establishing utilities. Since short term rentals are all inclusive, the worry is taken out of the process. The rental allows you to get your feet on the ground and save a bit of money before spending it on furniture and deposits in addition to rent. For those of you interested, the Premiere Suites website has more information available.
4. Waiting to Close
Another instance when a short term rental is an excellent option is during a housing transition. Selling and buying a home has many moving pieces. Often the timing does not align and sellers find themselves in limbo for a period of time. An excellent option is to rent a short term, furnished unit that allows you to keep your furniture in a storage situation.
Regardless of the reason, short term rentals can provide an excellent option for people who are on business trips or in some sort of life transition. They come in all sizes and price levels for corporate or family living.