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

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One of the burning questions about these days is whether to buy your home or to rent them. A lot of individuals would support the idea of purchasing their
house
Use synonyms
, while advocates for renting a
place
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for living has been
in
Suggestion
on
the rise for the
last
Linking Words
few decades.
This
Linking Words
essay will discuss the benefits and problems of renting where you’d live. The foremost issue people have with taking up a
place
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on rent is that, you do not own the
house
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. As
such
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, you do not feel the
house
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to be truly yours.
Also
Linking Words
, as you only get to stay for a certain monthly payment, you cannot certain things. You may want to install an air conditioner, or you may want to bring down a wall in order to make a room bigger; but you are not allowed to do that without the consent of the landlord. The lack of authority and ownership over the
place
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you and your family call home, makes people to save up for buying a
house
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for themselves.
However
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, as opposed to buying, renting your
house
Use synonyms
means you are actually saving up a lot of money over housing. The study showed
millenials
Suggestion
Millenials
millennials
millionaires
prefer to travel to places rather to spend all of their money on a
house
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.
In addition
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to that, as you do not own the
place
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, you can shift to another
place
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, should there be any need to do so. That means you do not have to stick to a certain
place
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for your lifetime and can use the additional money you saved over housing on
traveling
the act of going from one place to another
travelling
.
This
Linking Words
appeals more to the Millenials and
hence
Linking Words
the current shift towards renting houses. To conclude, renting your
house
Use synonyms
has both pros and cons. And whether you’d ignore the issues related to renting and would
chose
Suggestion
choose
to stay as a tenant actually comes to your own personal priorities
neccessities
the condition of being essential or indispensable
necessities
.
Submitted by abid.rousseau on

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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