In most of countries people prefer to rent a house rather than buying new. What are 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 flexibility while giving less personal control and monetary gain,
however
owning a
house
can be
risker
involving risk or danger
riskier
rescuer
and
also
it can provide more control and profit. Renting a
home
is lower risk for tenants and
also
gives the 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
, 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 bathrooms
,
Accept space
,
nor they ever get back the 500 dollars paid to the landlords
therefore
these are 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
, 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.
However
, in a bid of luxurious lifestyle, 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, they are usually higher than the rented
house
so it would be
risker
involving risk or danger
riskier
to buy a
house
. In conclusion,
although
renting
house
Suggestion
the house
has
flexibility
Suggestion
the flexibility
for tenants
,
Accept space
,
owning
home
Suggestion
a home
is far better than it, as the buyers can get monetary gain and
also
save their money for their entire life.I believe that buying a personal
home
is more preferable than the rented one's.
Submitted by ip9440335 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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