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

A safety and security a house provides is

one

of the biggest

priority

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priorities

among people these days. But for some, there is another aspect of a house because investing in

one is

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one, is

the biggest financial decision so they are contended by staying a

place

on lease. I will discuss the merits and demerits of renting a

property

in the forthcoming paragraphs. There could be several factors why

majority

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the majority

of people prefer living as a tenant. Primarily, people who are not certain about investing high monetary resources on

property

find it suitable to rent. Renting a

property

is advantageous mainly because it provides easy mobility and

relocation especially

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relocation, especially

when

one

is not sure about their stay in a particular city.

Additionally

, the responsibility and accountability like maintenance and repair are shared between the tenant and the landlord. Alternatively, the real beneficiary is the owner of the house as the tenant does not get any return on the

property

. There is no stability as the person has to move from

one

place

to another after the expiration of

lease agreement

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the lease agreement

a lease agreement

.

Furthermore

, it increases the expenditure of packing and moving to the other

place

Moreover

, the person who leases the

place

has to bear restrictions,

such

as not being able to modify the

property

according to their requirements and prohibition on keeping a pet. To recapitulate, there are both benefits and drawbacks of rental accommodation in equivalent proportion. Though it reduces the expense of maintenance, in some cases, it leads to reduced sense of home security.