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

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Whether to buy or rent a home to live is hard to decide.
However
Linking Words
, renting
home
Suggestion
a home
is much more preferable to buying a new
house
Use synonyms
nowadays because people consider it more advantageous. Apart from these advantages, the disadvantages associated with renting
Use synonyms
house
Suggestion
a house
the house
will be discussed below. It is true that leasing a
house
Use synonyms
or apartment offers numerous benefits to people.
Firstly
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, the landlords are responsible for the regular maintenance works unless any other condition is imposed on the deed
initially
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;
therefore
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, the
tanents
someone who pays rent to use land or a building or a car that is owned by someone else
tenant
need not to be anxious about the additional expenses of
this
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purpose.
Secondly
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, as mortgages for buying home are getting unmanageable to the citizens these days, renting option provides them with the opportunity to get rid of
this
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enormous financial burden to be paid to the banks. These are the significant benefits that
tanents
someone who pays rent to use land or a building or a car that is owned by someone else
tenants
tournaments
talents
around the world enjoy the most.
Nevertheless
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, leasing a property to live in has a range of drawbacks. One of the major demerits is that the certain professionals who do not earn monthly basis may face trouble paying rent regularly;
instead
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, buying a property with
mortgage
Suggestion
a mortgage
would be beneficial to them as often paying extra charge is acceptable to them against the late payment to the bank. To illustrate
this
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a bit
further
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, I would like to mention that one of my relatives who is a businessman earns profit seasonally, perhaps two times in a year. In his case, paying rent monthly often seems to be a hassle and a financial strain, and
this
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is why he decided to buy a
house
Use synonyms
with yearly loan now. Another
negetive
characterized by or displaying negation or denial or opposition or resistance; having no positive features
negative
side of renting a
house
Use synonyms
is that moving furniture from one place to another place when the contract expires is not only tiresome but
also
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associated with risk of furniture damage. In conclusion, even though leasing a property to reside in is advantageous in may ways in recent times, It is
also
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evident that the shortcomings of
this
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contractual basis living are oftentimes a concerning matter to people of some specific professions and the families who own too many expensive furniture and need to move.
Submitted by parvezchaw on

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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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