Buying a house for more family space
While living in an urban environment can provide a great lifestyle, there may come a time when changing family situations make it desirable to start looking for a change of pace.
Inner-city rental properties can be a great choice for younger people who want to be close to the action, but as time moves on, you can find yourself yearning for a more relaxed environment.
And to be fair, suburban living does have perks that apartment living just cannot match - a backyard to call your own, more storage space and a range of public services needed by growing families.
This is especially important if there are children on the scene - or if they are on the way - as it can give new parents peace of mind knowing that professional amenities are close at hand.
On top of this, owning your own house means that your children can have additional space to grow and play - a powerful incentive that has been known to motivate a large number of purchasing decisions.
Of course, if children are on the scene then it is common for homeowners to pay close attention to the schools nearby - as travelling great distances for education is often seen as an undesirable situation for their young students.