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

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In few nations, almost everyone like renting their accommodation
instead
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of purchasing it.
This
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essay will suggest that paying rent monthly is advantageous because it reduces stress related to financial credit.
However
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, not having a own property will lead to instability and less sense of security. Buying a flat is very expensive and many people think that staying at a temporary place is a better option.
This
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is because of the huge amount of stress one takes to repay the home loan and EMI's every month.
Moreover
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, paying 12 times a year costs very less when compared to putting down a principle amount and paying higher interest periodically in order to repay the loan.
For instance
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, The times, recently reported that 80% of the people prefer to live in rented homes rather than owning homes.
As a result
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, people do so to reduce the level of stress in their daily life.
On the contrary
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, it is always a secure feeling if people own a permanent residence as it would make one feel independent.
Besides
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the fact, that it costs a fortune it
also
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shows that, a person is financially stable and ready to settle into life with prospects of growing a family with a great surrounding.
For example
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, in many countries' fathers agree to give away their daughters to men who have their own abode so that they are assured about the girl's living conditions. To conclude, renting an apartment could be advantageous if one does not want the extra tension of repaying the mortgage,
nevertheless
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, they should
also
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know that sometime in the future getting their own place is considered to be a necessity.
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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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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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