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

#countries #people #rent #homes #home

As shelter is an essential factor in a

person

’s life, every

person

dreams of owning

one

However

, in a few countries people are more likely to rent a

home

rather than buying

one

. While renting a

home

can be beneficial in some cases, it is not free from drawbacks. The foremost advantage of renting a

home

instead

of owning

one

is that it requires less investment. Unlike buying a

home

which requires huge investment, renting is comparatively cheaper and

also

it provides a chance for the individual to reside in a house in premium area which would

otherwise

cost a lump sum if bought. Another advantage of a rented accommodation is high mobility. It is easy to shift out of a rented accommodation as it requires only a prior notice of around a month and a

person

can change his

home

or locality easily without much difficulty and

this

type of residence is particularly suitable for people requiring frequent change of residence due to transfers in employment.

However

, tenancy is not free from limitations. Even though a

person

advances money in the form of rent, it does not transfer the legal ownership of the property to the tenant and

therefore

such

payments would only account to an expense rather than an investment.

Moreover

, as

such

properties are lent on a contract of te

mporary nature,

Suggestion

a temporary nature

the tenant may be compelled to abide by some rules and it

also

restricts a

person

from making any renovation or alteration to the property based on his needs and interest. He may

also

become liable in some situation if the property gets damaged.

This

can impose limits on the freedom of a

person

. In conclusion, residential preference of people ha

s changed a

Suggestion

changes

lot these days. Most of the people today choose to rent a

home

rather than owning

one

in some countries. Though

such

type of residency has a lot of privileges, it

also

has a few downsides.

Submitted by parvezchaw on Wed May 20 2020

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for example
for instance
to illustrate this
to give a clear example
such as
namely
to illustrate
take, for example

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8Linking words
meeting the goal of 7 or more
3Word repetition
meeting the goal of 3 or fewer
2Grammar mistakes
 

4 paragraphs

323 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 7.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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

Support ideas with relevant, specific examples

Essentional vocabulary list for IELTS Writing 7+

Many manufactured food and drink products contain high level of sugars which causes many health problems. Sugary products should be made more expensive to encourage people to consume less sugar. Do you agree of disagree? Write at least 250 words.

Some people say History is one of the most important school subjects.Other people think that,in today's world,subjects like Science and Technology are more important than History. Discuss both these views and give your own opinion.

Should Newspaper not publish personal life of Politicians. DO you agree or disagree.

In order to study at university, students are required to pay expensive tution fees. Not all students can afford them, so some people think that university education should be free for everyone. Do you agree or disagree with this?