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

For many people around the world
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,
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there are advantages in buying a
home
, for some families or individuals the better option is to rent one. Some economists agree that using the budget allocated to buy a
house
in any kind of investment could be a good idea to support rentals for a lifetime period, but having your own
home
is a good investment too, and the advantages in each case depend on the profile for each person. Buying a
house
have the advantage of giving the owner
f
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the
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reedom to modify, construct or make any change in its structure without asking for permission. When we live in a rented
house
we do not have
this
possibility, and sometimes because of the values to rent a
home
some people live in places that do not fit their family adequately. Another advantage resides in the fact that
such
a property is an important achievement for a family, that can be inherited for generations constituting a solid patrimony. Look tho the possibility of renting a
home
we can see some advantages too. Some people can invest the money that
otherwise
could be used to buy a property. the rentability of
this
money can be directed to rent a place to leave. In doing so, people have more flexibility to move with no regard to sell the actual
home
. Renting a
home
is advantageous for those who like to change frequently.
This
option
also
keeps family patrimony safe in the form of a good investment. As was shown both options, buying or renting a
home
, present advantages. Those depend
of
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on
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the lifestyle of each individual or family. Some people prefer to stay for
l
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a
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ong time or the entire life in the same
house
, others prefer to try different places during the curse of their lives. Considering that, the choice will depend on the profile of each one.
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    • Sentence 1 - Topic sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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Essentional vocabulary list for IELTS Writing 7+

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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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