Benefits of Living in the Suburbs

Benefits of Living in the Suburbs

While discussing the sudden rise in demand for plots outside the city with a close friend of mine, Who has 12 years of experience in real estate, a few interesting aspects emerged out of the discussion at the end. With rising commodity prices and a drive for healthy living, many have flocked to the green pastures of the countryside, though relatively isolated from the accessibility and the services enjoyed in city living. It carries its own perks.

1) Green Living Benefits

Today people’s habits are driven by technology. What was once a lifestyle is more of a need today. With healthy diet and regular exercise being the first prey to lifestyle disorder syndrome. A Peaceful location is the need of the hour in this present day and age. According to the latest UK statistics, there is some amount of truth when we say life expectancy is comparatively much higher in the suburbs when compared to the urban areas. Living in rural areas one is less likely to die prematurely from cancer, stroke or coronary heart disease.
Lack of distraction is why I would personally prefer a country side. It is for this reason readers, novelist other recreational professionals prefer locations outside the city. With low traffic density and no horns, honking, a high focus on the work can constantly be maintained. High reduction in the pollution leads to a less contaminated neighborhood.

2) Appreciation

“Best investment on earth is earth”
– Louis Glickman
With each passing day as land is being sold off and developed as hot pancakes for breakfast, the safest bet one can play with hard earned savings is investment on plot and property. The percentage of development on an open land is much higher when compared to the city which has reached its point of saturation. Today handful of builders and real estate agents are shifting focus to these areas foreseeing land value boom. As development is slowly shifting from the cities these markets are a pricey catch.

3) Budget factor

Let me ask you a question – Would you be interested in tenant agreement whose rent would gobble down half your monthly income?

Nope … I wouldn’t

With rising prices hitting too hard on our wallet, accommodation outside the city with higher option to choose from would be beneficial to low-end earners, newcomers and temporary visitors to the city.
The other day I and my colleagues chose to drive to the quite country side just to distract ourselves from the fast paced city life. When we decided to stop by a local tea shop for some snacks, the bill we received in the end was a pure strike of enlightenment to us of how over priced cities can get once the development begins.

4) Yield Enhancement

The freedom of expanding the business without the limitation of space can help business firm pitch their infrastructure in the region. Minimal competition in the initial phase can encourage oneself to experiment new strategies along the market line and improvise on creative methodology to approach the market. As the rent and other overhead expenses are comparatively lower when compared to the city, this will result in a higher ROI as well.

5) Lower crime rate and dissatisfaction

According to victimconnect.org, in 2012, the rate of violent victimizations reported by victims to the NCVS was 3,240 per 100,000 persons age 12 or older in urban areas, 2,380 per 100,000 persons age 12 or older in suburban areas, and 2,090 per 100,000 persons age 12 or older in rural areas.
A peaceful living is much preferred by the general community. And a quite country side would be an ideal location for your retirement, laid back on the chair sipping on your coffee is what all of us would dream of.