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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In many countries, residents prefer to own their own
home
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, but in developed and densely populated cities, renting a
house
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has become quite a common way of life.
This
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is due to the fact that renting is much cheaper than owning your own
home
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.
Moreover
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, trends in the
labor
a social class comprising those who do manual labor or work for wages
labour
market are constantly changing and people are moving to different countries in order to work.
Obviously for
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Obviously, for
such
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people, renting a
house
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is a convenient way,
although
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owning a
house
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has significant advantages. There are several advantages to renting a property . For a small family that consists of three or four people, it is advantageous to rent a property to avoid taxes, mortgage interest, while
also
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reducing the cost of
home
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insurance. A good example is that in Texas, citizens pay about $ 15,000 to cover taxes and utilities.
This
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means that for the money you can rent a two-room apartment and forget about taxes and not worry about paying utility bills. Since people
leave
have a great affection or liking for
love
to work or study in other cities, buying a
house
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will cost them dearly. In
such
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cases, it is quite reasonable to rent and in the future when moving, the cost will be much less.
On the other hand
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, there are several drawbacks to renting real estate that people should consider. Being elderly and not having your own
home
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is difficult, especially if you are a senior
citizen
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citizen, then
then
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in any case you will have a shortage of money.
For example
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, the owner of your
house
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can evict you at any time if there is another tenant that pays more money than you.
Therefore
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, you will find yourself in a difficult situation.
Secondly
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,
for example
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, if you live in a rented
house
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for 20 years, during
this
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time you could save up for your own
house
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. In conclusion, there are many advantages and disadvantages to renting and owning a property. Those who are in the decision-making process should carefully weigh the pros and cons before making a decision, rather than simply considering the monthly expenses.

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
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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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