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

Since a decade, the home has been considered as the biggest asset in one's
life
and people save
a
Change the article
an
show examples
ot
Correct your spelling
lot
of money to buy it in their entire
life
.
However
, there are those who argue that
instead
of buying an accommodation, it's better to rent it. I will shed some light and share both merits and demerits.
To begin
with, buying a
house
is one of an essential task in human
life
and take it as their biggest achievement. Purchase of
house
gives them a secured place to stay and more financial benefits in future.
Moreover
, take a
house
can prevent them from unnecessary spending.To illustrate, the country like India, 90% of the salaried clan acquired their own residence and have a safe place to stay.
On the other hand
, secure a
house
can cost a huge amount of money which may result in compromising in the standard of living.
Moreover
, Obtaining a
house
requires
l
Change the article
a
show examples
ot of maintenance and in
this
fast pace of
life
, it is difficult to take care of it as per their wish.
For example
, according to the WC survey, the large section of society choose to rent the home
instead
of procuring it looking after the benefits associated with it. To conclude, buying a
house
always give the lan a sense of achievement and financial benefits. whereas, by renting them mitigate the issues associated with it.
Submitted by neeagni01 on

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