Renting an Apartment? You Are Getting Way More Sleep Than Homeowners!

Renting an Apartment? You Are Getting Way More Sleep Than Homeowners!

Photo by Shopify Partners from Burst

While the rent vs buy debate will always be there, homeownership has been declining for years now and there is a reason for it! A recent report by Apartment List reveals that renters might be more likely to lead a happier life than their homeowner peers.

Need extra sleep? Renting might be the key! Have you ever woken up in the morning and thought “Just 15 more minutes”. Guess what? Renters have those 15 minutes! According to the study, renters on average sleep 84 more hours a year than homeowners. The average renter sleeps a healthy 8.4 hours per night and works 43 hours per week. Other things renters have more time for are:

 

Got no time for chores? Rent! Guess what renters spend less time on. You are right, they spend an average of 23 fewer minutes per day on household activities, including yard work, housework, and maintenance. Over the course of a year, this adds up to three and a half additional 40-hour work weeks that homeowners spend taking care of their homes. If you are curious to know exactly how much time you are saving on boring chores, here is a drill-down:

Of course, it all boils down to priorities and personal preferences, but when it comes to day-to-day life and simple things that make our day, renting seems to be winning the debate. At the end of the day, we all of have the same 24 hours in a day, and how we spend them determines our overall level of happiness. To learn more, check out the full report.