In some countries, people prefer to rent a house for accommodation, while in other countries people prefer to buy their own house. Does renting a house have more advantages or disadvantages than buying a house?

Nowadays, having a flat is one of the expensive luxury. In many parts of the world, people consider renting an accommodation, but others think buying own dwelling is better. But what are the benefits of

this

situation, and what are the drawbacks?

However there

Accept comma addition

However, there

are both pros and cons to decide to do

this

. In

this

essay, I will look at both sides, and try to draw some conclusions. Let’s begin by looking at the plus points of renting a flat. One of the major positives is that the people can move their location when they need it. In others words, their placement will not depend on a definite location. Take parents who live in urban areas as an example. They have to choose their place, having thought about children’s school and gardens,

besides

they will consider their workplaces.

In addition

, living in urban areas require 2-3 hours for road, due to the traffic jams.

Second way

Suggestion

The second way

is buying a building. Today, in many developed countries, investing money on apartments is loosing a relevance. Many people say that it is passive income. They claim that it's better spent money on business or startup.

Furthermore

, people start working on freelance and living overseas. Research of The World Bank shows that sale rates of houses have downsized to 48% over the

last

decades, which makes renting a house more popular.

In addition

to

this

, every year, a rate of inflation is not stable in many countries. An economic crisis that impact on people’s profit impair the situation.

For example

, in Kazakhstan, people who have a building live in the lap of luxury. Having the accommodation for middle classes is turned to the long period of mortgage payment. It means, percentage of mortgage is extremely high. To tackle

this

problem government should maintain a sustainable development. In conclusion, living, whether in own flat or removable house, it depends on the situation of people. Personally, I believe that investing money on big deals more beneficial,

then

conjunction used in comparatives

than

buying a small accommodation under the big charges.