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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It has been observed that in many countries, a large section of the society consider renting a house more beneficial than owning them because it becomes easier for them to move and they can maintain their liquidity
also
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.
However
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, renting a property has certain demerits as well. There is a plethora of merits of living on
rent
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.
Firstly
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, it gives people the convenience to move from one place to another without much hassle. In
this
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dynamic world, human beings switch jobs frequently to move ahead in a career. For
this
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, they have to shift their base from city to city and even to other countries as well. Renting an apartment will allow them to make these decisions quickly.
Secondly
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,
this
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will allow people to live without any cash crunch as their savings will not be blocked in buying a home.
For instance
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, one of my friends has invested all his money in a home and he does not have liquid cash for the exigencies.
Although
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, there are benefits of living on
rent
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, but it has certain drawbacks too. One major issue is that, every time a person moves his house, he needs to buy the furniture as per the layout and the size of the new property.
This
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results in wastage of a lot of money, if the movement is too frequent. Another disadvantage of living in a rented property is that, the amount of
rent
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paid every month is wasted. It is an expenditure without any return. To illustrate, a person paying an EMI of loan is better than the other paying
rent
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as he has an asset in his possession, whereas the latter does not enjoy the ownership of the house. Despite having many advantages renting a home has few disadvantages
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such
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as a person may end up spending more on furnitures and fixtures and he will not get any monetary benefit in lieu of the
rent
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paid to the owner.
Submitted by laddu14nov on

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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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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