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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Many people are likely to rent their
home
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instead
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of buying them in some countries.
Although
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there are some advantages like no responsibilities of
home
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, can move to new place conveniently.
On the other hand
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, some disadvantages include no particular place to live when rentals are not available. Renting a
home
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contains many advantages.
Firstly
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, We do not have any responsibilities of
home
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,
for instance
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, cleaning
house
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on a daily basis, inspecting the
house
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.
Secondly
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, It is flexible to move when we do not have our own
house
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, to illustrate, if one got a new job 1000 miles away from his own
house
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, one will be forced to sell
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house
Suggestion
a house
the house
for a low price or reject the job offer. Despite, renting a
house
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allows the one to move to a new
house
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in a flexible manner.
Moreover
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, in some developed countries, the cost of buying a
house
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is skyrocketing, so people usually rent rather than buying a
house
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.
For example
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, University students do not actually have enough budget to buy a
house
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, their income through part time jobs are generally used for their daily needs, so they prefer renting a
house
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.
In contrast
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, When there are bad times and no rentals available, own
house
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is the only place which can provide us shelter. Let us take the past situation in Bangalore city, when there was a water shortage, rental homes were totally decreased and maximum people lost their shelter. In some countries like India, owning a
house
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is viewed as a safety.
Furthermore
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, only men who own
house
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were given
Suggestion
was given
priority by the
girls
Suggestion
girl's
family. To conclude, even though, many people like to rent a
home
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due to budget constraints or flexibility. In fact, renting a
house
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have equal number of both pros and cons. So a choice must be taken
accordingly
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.
Submitted by krushnagopal785 on

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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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