In some countries, people prefer to rent a house for accommodation, while in other countries people prefer to buy their own house. Does renting a house have more advantages or disadvantages than buying a house? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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Usually people can choose own building or a rental residence for accommodation based on their financial background that will be depends on the country. All human beings are not rich persons somebodies are struggling to get food for regular base.
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firstly i
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firstly I
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can say most of the people cannot spend more money for buying own apartment due to that property prices are very high.
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for
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example, In India lots of people are belong to middle class families they face many issues to stay in cities because they are getting low salaries and should pay high rents as well need to pay school fees.Even though many people trying to buy a new own home when they will have a loan opportunity during their job period.It may be useful to them while their old age.If people will not get a pension from the Government that property will sell in future.One of the disadvantages is getting trouble from building owner if any damage is there you should pay extra charges for that it will be burdened sometimes. Advantages are no need to pay EMI for longer time.So many people living in apartments maybe get more friends as a neighbour.
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thing few countries provide loan opportunities and in that country may have not much prices for houses that time people can show interest to buy for their own houses.If have own condominium we can spend freely and arrange a garden as you wish.Disadvantages are, no security system
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to share feelings when you feel bad. As a conclusion, in my words own house is better to live with families if the residence rents are in their hands.

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Topic Vocabulary:
  • accommodation
  • flexibility
  • mobility
  • cost-effective
  • upfront investment
  • homeownership
  • equity
  • appreciation
  • stability
  • security
  • customization
  • financial security
  • asset accumulation
  • responsibilities
  • maintenance
  • repairs
  • property taxes
  • housing market
  • accessible
  • amenities
  • utilities
  • landlord
  • individual circumstances
  • financial stability
  • lifestyle preferences
  • long-term plans
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