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.
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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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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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