Rentals are the way a lot of people start out when they leave their parents' home. Many decades ago, and still in some cultures, the idea was that you stayed with your immediate family until you got married. Once you were married you could then strike out with your new family. Nowadays, most people in North America are marrying later and will often rent before buying. Even if you're renting, there is still the chance for you to do home swaps. This gives you a chance to explore different locations and make decisions on where you would like to live when you do purchase a home.

Yet there are complications when mixing rentals with home swapping. Sometimes you will need permission from the landlord or owner of the property before doing home swaps. While the visiting party is usually covered by insurance and applicable laws as a "visitor," depending on how long the exchange is for, and any other stipulations in the contract, you may need permission before conducting a house exchange.

When you live in rentals, you are generally living in a smaller space. If you exchange homes with someone else, it is a chance to see what living in a larger space is like. There are the obvious positives to having more space, but hopefully some of the practicalities will come through as well, and the investment in the upkeep of a yard and a larger home will be put into the proper perspective.

With the current real estate situation, there are more people living in rentals now than there were just a few years ago. Before, everyone was racing to buy property, with the hope of seeing their investment increase in value. Now, with the market low and the economy in a recession, it is safer in many ways to wait on purchasing and instead look to something for rent. Home exchanges can give people who rent a chance to explore different homes and learn about living in different locations. A swap across states will allow people to actually live in the new place, albeit for a short period of time.

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