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

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Housing is the basic necessity of human beings. Nowadays, In most of the nation, the majority of individuals like to
rent
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their homes
instead
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of purchasing them. There are a lot of benefits and drawbacks to renting a
house
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. I will discuss both the upsides and downsides of renting a
home
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in the upcoming paragraphs On the one side, there are some benefits to renting the
home
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rather than purchasing them. The
first
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and foremost benefit is that renting a
house
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is far easier than buying a
home
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for the people who belong to poor families because they are not able to buy a
home
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in a huge amount so it is easier to pay in monthly
rent
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instalments. The
second
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benefit is that the people who live far from their families in international countries for their studies as well as jobs so they live in that country on a temporary visa so they always prefer to pay
rent
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a
home
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.
For instance
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, In Canada, most of the International students
rent
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a
house
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due to the burden of student expenses as well as grocery
On the other hand
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, there are some disadvantages to renting a
house
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. The main drawback is that renting a
house
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is a huge expenditure of money rather than buying a
house
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in the form of a loan is far better because it will give you property of that
house
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so they can use
this
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in their ups and downs of their life.
Furthermore
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, everyone has great memories with their loving homes so if anyone is the owner of their
home
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they can feel more relaxed rather than living in a renting
house
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To conclude, renting a
house
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can prove beneficial for some people so there are a lot of positives and negatives of renting a
house
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which I discussed above

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