In some countries people prefer to rent a house rathar than buying one .describe tha advantages and disadvantages of both?

The

home

is

basic need

Suggestion

the basic need

a basic need

of all human beings. A residence provides shelter to people and

also

it's a place to rest. Arguably, the money which is spent by an individual on their

home

, whether renting or buying is one of the highest expenses incurred during a

life time

the period during which something is functional (as between birth and death)

lifetime

. Renting a

home

is lower risk and provides

flexibilty

the property of being flexible; easily bent or shaped

flexibility

while giving less personal control and monetary gain,

however owing

Accept comma addition

however, owing

a

house

can be

risker

involving risk or danger

riskier

rescuer

and

also

it can provide more control and profit. Renting a

home

os

have the quality of being; (copula, used with an adjective or a predicate noun)

is

lower risk for tenants and

also

gives the

abilitu

the quality of being able to perform; a quality that permits or facilitates achievement or accomplishment

ability

to relocate for workplace and school.

In other words

, the tenants can move around to

new location

Suggestion

a new location

at their ease by giving one month notice to the owner and can move to the location as per their choice which is near to their workplace

.

Accept space

.

To exemplify it, millions of students around the world pay between 300 to 500 dollars for monthly rent and once their semester is over they move back to their hometown so

this

is

clear benefit

Suggestion

a clear benefit

the clear benefit

of leasing

.

Accept space

.

However

,

Accept space

,

tenants

can not

can not

cannot

make significant changes in their

home

without the

premission

approval to do something

permission

of landlords and

also

students renting their apartments cannot suddenly decide to rebuild their

bathorooms

a room (as in a residence) containing a bathtub or shower and usually a washbasin and toilet

bathrooms

bathroom

bedrooms

,

Accept space

,

nor they ever get back the 500 dollars paid to the landlords

therefore

this

is the negatives of leasing

.

Accept space

.

The leading

benfit

financial assistance in time of need

benefit

benefits

of buying a

house

is that, it provides an

opporunity

a possibility due to a favorable combination of circumstances

opportunity

to get profits.

clearly

Suggestion

Clearly

, the rates of

home

prices

goes

Suggestion

go

ups according to the

time so

Accept comma addition

time, so

there would be a substantial return on investment.

For instance

,

Accept space

,

if a person stays for

long time

Suggestion

a long time

in his

home

Accept comma addition

home, then

then

the price of

house

Suggestion

the house

a house

may increase and a person can indirectly get profits in

this

way

.

Accept space

.

However

, in a bid of luxurious

life style

a manner of living that reflects the person's values and attitudes

lifestyle

,

Accept space

,

the buyers can be under the debt as they will have to pay

tax

Suggestion

taxes

to state and

although

the mortgage payments are generally fixed

,

Accept space

,

they are usually higher than the rented

house

so it may

risker

involving risk or danger

riskier

to buy a

house

. In conclusion,

although

renting

house

Suggestion

the house

has

flexibility

Suggestion

the flexibility

for

tenats

someone who pays rent to use land or a building or a car that is owned by someone else

tenants

,

Accept space

,

owning

home

Suggestion

a home

is far better than it

,

Accept space

,

as the buyers can get monetary gain and

also

save their money for

future

Suggestion

the future

.I believe that buying a personal

home

is more preferable than the rented one's.