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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A safety and security a house provides is
one
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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
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one is
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one, is
the biggest financial decision so they are contended by staying a
place
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on lease. I will discuss the merits and demerits of renting a
property
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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
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find it suitable to rent. Renting a
property
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is advantageous mainly because it provides easy mobility and
relocation especially
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relocation, especially
when
one
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is not sure about their stay in a particular city.
Additionally
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, 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
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. There is no stability as the person has to move from
one
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place
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to another after the expiration of
lease agreement
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the lease agreement
a lease agreement
.
Furthermore
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, it increases the expenditure of packing and moving to the other
place
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Moreover
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, the person who leases the
place
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has to bear restrictions,
such
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as not being able to modify the
property
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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.
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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 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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