In some countries, some people are renting accommodation, while others are buying own homes. Does renting accommodation has more advantages or more disadvantages than buying a place?

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Selecting a
place
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to
live whether
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live, whether
it is on
rent
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or own is a hard decision for a person. Mostly people prefer to buy their own
property
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,
however
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, there are some who have to
rent
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it rather than buying. In my opinion, the advantages of buying own
house
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outweigh the disadvantages.
To begin
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with, to become a tenant than the owner has some advantages for people who have to move from one
place
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to another for their work or children’s education. What's more, the maintenance is not a big issue of a rented apartment
this
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is because it is the main responsibility of the owner to solve the
property
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related problems.
In addition
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, in metro cities, living costs are too high and people have to pay huge amounts of money at a same time for the
mortage
a conditional conveyance of property as security for the repayment of a loan
mortgage
and tax related costs to own a
house
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.
Therefore
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, rather than being under pressure of high debts, it is an excellent decision to
rent
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the
house
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and pay on
weekly or monthly basis
Suggestion
a weekly or monthly basis
.
On the other hand
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, owning a
property
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or an asset, bring a sense of achievement in a person’s life.
Moreover
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,
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house
Suggestion
the house
is a permanent asset and the prices can increase in the future which is a
life-time
the period during which something is functional (as between birth and death)
lifetime
investment.
Besides
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, the owner can put is on
rent
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and can become another source of income for them.
Furthermore
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, in own
place
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, a person can make changes according to their own choice.
For example
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, he/she can plan, design or renovate it according to their own facilities.
Lat
Suggestion
Last
but not least, there is no one over the shoulder to watch in own
house
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for
property
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issues or for other reasons which is
great
Suggestion
the greatest
aspect of relief in a person’s life. In conclusion, there are some reasons people have to
rent
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the
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place but
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place, but
I think the comfort or joy a person can get in own
house
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those are far away from a rented accommodation.

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Linking words for giving examples:

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  • for instance
  • to illustrate this
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  • such as
  • namely
  • to illustrate
  • take, for example

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Topic Vocabulary:
  • affordability
  • flexibility
  • maintenance
  • financial commitment
  • investment
  • stability
  • sense of ownership
  • property value
  • mortgage
  • rental agreement
  • tenancy
  • security deposit
  • real estate market
  • housing market
  • housing loan
  • homeownership
  • residential property
  • landlord
  • tenant
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