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

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Over the
last
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few years, renting homes,
instead
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of buying them, has become a trend among the majority of
people
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.
This
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essay will discuss the positive and negative aspects of
this
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issue. On the one hand, one of the most important advantages of renting a
home
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might be that it requires less amount of money than buying it. To illustrate, since life has been very expensive, many
people
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struggle to survive and they can barely fund themselves and secure their basic necessities.
Consequently
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, renting a place to live in is the best solution which suits those individuals’ financial status.
Furthermore
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, many
people
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tend to travel to other countries and temporarily settle there, in order to work or study.
Therefore
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, they prefer to search for short-term rentals there during their stay period.
On the other hand
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, despite the above-mentioned merits, renting a
home
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has some demerits as well. For example, it might be considered to be a waste of money.
That is
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because despite having to pay for their rental every month,
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finally
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finally,
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tenants have to leave the place for its original owner.
In contrast
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, if they had had the chance to save
this
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money, they would have
finally
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been able to buy their own
home
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.
Additionally
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, another disadvantage is that in many places when someone rents an apartment,
for example
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, he usually does not have the right to change its main design or even the
colors
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colours
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of its walls. Indeed,
this
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can be a huge issue for many individuals. In conclusion,
Although
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many
people
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prefer renting a
home
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to buying it because of its great advantages, renting still might be considered a very disadvantageous option
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Structure your answers in logical paragraphs

The easiest way to score well on the IELTS Task 2 writing portion is to structure your writing in a solid essay format.

A strong argument essay structure can be split up into 4 paragraphs, each containing 4 sentences (except the conclusion paragraph, which only contains 3 sentences).

Stick to this essay structure:

  • Paragraph 1 - Introduction
  • Paragraph 2 - First supporting paragraph
  • Paragraph 3 - Second supporting paragraph
  • Paragraph 4 - Conclusion

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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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