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 ?

Housing is the basic necessity of human beings. Nowadays, In most of the nation, the majority of individuals like to

rent

their homes

instead

of purchasing them. There are a lot of benefits and drawbacks to renting a

house

. I will discuss both the upsides and downsides of renting a

home

in the upcoming paragraphs On the one side, there are some benefits to renting the

home

rather than purchasing them. The

first

and foremost benefit is that renting a

house

is far easier than buying a

home

for the people who belong to poor families because they are not able to buy a

home

in a huge amount so it is easier to pay in monthly

rent

instalments. The

second

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

a

home

.

For instance

, In Canada, most of the International students

rent

a

house

due to the burden of student expenses as well as grocery

On the other hand

, there are some disadvantages to renting a

house

. The main drawback is that renting a

house

is a huge expenditure of money rather than buying a

house

in the form of a loan is far better because it will give you property of that

house

so they can use

this

in their ups and downs of their life.

Furthermore

, everyone has great memories with their loving homes so if anyone is the owner of their

home

they can feel more relaxed rather than living in a renting

house

To conclude, renting a

house

can prove beneficial for some people so there are a lot of positives and negatives of renting a

house

which I discussed above