In some countries, most people prefer to rent their homes rather than buying them. What are the advantages and disadvantage of renting a home?

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Nowadays,
individuals’ spending pattern
Suggestion
the individuals’ spending pattern
an individuals’ spending pattern
has shifted. To illustrate, in most countries, people prefer renting homes
instead
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of acquiring them.
This
Linking Words
essay will highlight both merits and demerits of renting a
home
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. By renting a
house
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, a person can save a living
cost
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.
This
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is because, it is usually
economic
Suggestion
economical
to
rent
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a
house
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, for building a new
home
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often requires a substantial investment. Erecting a
home
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involves
labor
a social class comprising those who do manual labor or work for wages
labour
and material costs, which escalates the overall expenditure. Another merits of living a
tenancy life
Accept comma addition
tenancy, life
is
Suggestion
are
the ease of migration. If a person rents a
home
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, they can easily move from one place to another, but if they make one, that may not be the case.
Nonetheless
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, there are demerits of leasing a
house
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.
Firstly
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, building a
home
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could be the passive income source. The owner may
rent
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their premises and make it an income stream; to illustrate, by renting a flat or a building to individuals and business, they can be at break even.
However
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, if they
rent
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the building, they will not make proceeds.
Furthermore
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, constructing a building is often an arduous process, for it mostly involves a lot of hassle. The time and
cost
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constraints make it better to
rent
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the building rather than making one.
For instance
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, building a
house
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will take an enormous time and effort;
similarly
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, the
cost
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is
also
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higher than renting the premises. In conclusion, while there are several advantages of renting a
house
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like reduced living
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cost
Suggestion
costs
and
a
Suggestion
an
ease of migration, we must take into consideration the obvious demerits
such
Linking Words
as deduced income streams and hassles of building
Use synonyms
home
Suggestion
homes
.
Submitted by boharasomia on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Summary
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Topic Vocabulary:
  • financial commitment
  • down payment
  • initial costs
  • allocate resources
  • maintenance costs
  • mobility
  • relocate
  • market fluctuations
  • property value
  • building equity
  • appreciate in value
  • asset
  • personalization
  • restrictions
  • rental increases
  • lease renewal
  • financial instability
  • housing budgets
  • long-term security
  • landlord
  • lease agreement
  • equity
  • substantial
  • property ownership
  • property market
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