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

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Compared to getting their own homes, people in some countries now prefer to rent homes nowadays.
This
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trend has its advantages, but there are some drawbacks that cannot be ignored.
First
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of all, homes are expensive. Housing prices sharply increased in the
last
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century, to the point where young adults cannot afford without taking up loans or getting aid from their parents. In cities like Toronto, the housing
cost highly
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cost, highly
inflated and many people without homes eventually chose to rent
instead
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.
This
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preference towards renting
Use synonyms
home
Suggestion
a home
is undoubtedly cheaper and more approachable than applying for mortgages or leaving the city completely. The renting may seem economical and financially beneficial in the short term,
however
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, it is not the best option in the long run. One of the problems with renting
Use synonyms
home
Suggestion
a home
is a lack of freedom in modifying your own
home
Use synonyms
. Without the full ownership, you only have limited options to expand or change.
This
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makes building a suitable living space difficult, but
also
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deter people from being comfortable in their own
home
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.
In addition
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to not being able to have a desired living space, there is no guarantee that the renting price will not rise.
For example
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, Toronto housing communities, where the Tenancy Act is in place, many people still report landlords raising rents unreasonably. These cases often result in residents leaving their rented
homes unable
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homes, unable
to resolve their disputes. In conclusion, renting a
home
Use synonyms
is surely an affordable and convenient way of living.
Nonetheless
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, people should always be aware of the long-term issues of the leasing in terms of lacking
freedom
Suggestion
the freedom
to build a satiable living space and unpredictable renting costs.
Submitted by nnay1121 on

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