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

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