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

Although

it is thought by some people that it is more beneficial to live in a rental

house

, others believe it can be detrimental. Living in a rental

house

can save

money

initially

,

however

, a lot of

money

will be spent through the years. On the

one

hand, there are some benefits from renting houses,

firstly

, it can provide you with the opportunity to invest your

money

in another project

instead

of paying a sizable amount of

money

one

time

to buy a

house

,

secondly

, in a rental home

one

can have the choice to move or change the address at any

time

,

for example

, if someone changes work location it is simple to adjust and rent a new

house

in a different location,

finally

, families can choose to live in a

house

according to their financial status and you can switch if your state changes.

on the other hand

, despite all the perks mentioned above, there are some drawbacks to be considered.

one

problem with rental houses is people can not deal with as it is their own

house

,

for instance

, they can not change the structure of the

house

or the decoration before taking permission from the landlord,

moreover

, the owners have the right to kick out the tenants any

time

or under any circumstances which means it is almost impossible to settle,

lastly

, living as a tenant for a long

time

, in the long run, the cost will accumulate and form a significant loss in

money

that could have been in used in another investment. In conclusion, living as a tenant is a good saving method at

first

,

however

,if someone lives in a rental

house

for a long period of

time

that will be costly.