Housing Alternatives

Students learn about different types of housing.

Teaching Objectives:

  • Identify various housing alternatives.
  • Determine local housing options, both renting and buying.

Standard 10: The student will explain and compare the responsibilities of renting
versus buying a home.

Suggested Grade Level

7th – 12th Grade

Lesson Excerpt:

One of the most significant financial decisions people make is finding a place to live. Sometimes we seem to confuse the difference between a house and a home. A house is where people live; a home is the life people make within that building. With that in mind, the best housing alternatives including finding a place that is both affordable and appropriate for a person’s lifestyle. Owing a home is frequently called the “American Dream,” but people may pursue their personal goals and dreams whether living in a house or a rented apartment. They cannot pursue their dreams if they spend more than they can afford, regardless of where they live.



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For additional related lessons, explore our main category pages:

Categories Real Estate, Spending Money,

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