TOPIC:  Renting vs. Buying a home

AUDIENCE:  9-12th grade

TITLE:  Your first place

UNIT INTRO:

This unit was created for a class titled, Life After High School, it was designed to introduce concepts of housing, roommate selection, the cost of living, rental laws and renting vs home owning.  The following lesson was created to address the topic of, renting vs. buying a home.  This lesson is centered on a slide show which illustrates the different pro’s and con’s of renting vs buying.  Additional material related to the topic of housing is also linked below.

STUDENT OUTCOMES

Students will identify the advantages and disadvantages of renting vs buying a home.

Students will recognize the concept of equity, as it applies to home ownership

Students will identify multiple financial considerations related to owning your own home vs buying a home.

 

NATIONAL FCS STANDARDS

11.6.1 Assess financial resources needed to improve interior space.
11.6.2 Assess client’s community, family, and financial resources needed to achieve housing and interior design goals.

**Note** Please review all material to make sure links provided are still active

(applies to slides and worksheets)

Renting vs Buying Slides

Additional Material related to Housing

Cost of Living Slides

Landlord Tenant Slides

House Hunters worksheet

Roommate Selection Slide Show

Roommate Selection Assignment

Housing Unit Pre Test

Housing Unit Post Test

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