In some countries, most people prefer to rent their homes rather than buying them. What are some of the advantages and disadvantages of renting homes?
In
early
1990s, buying Change the article
the early
houses
was a common mindset of many Use synonyms
people
. Use synonyms
However
, renting homes is more popular than owning Linking Words
houses
recently. Use synonyms
Although
renting properties provides tons of benefits in the short-term saving and Linking Words
time
on obtaining one, it has Use synonyms
a
long-term financial problems. Correct the article-noun agreement
apply
This
essay aims to illustrate the values and drawbacks of renting an Linking Words
accomodation
.
Correct your spelling
accommodation
To begin
with, the rental Linking Words
home
is beneficial in the short run. Use synonyms
First
, renting helps to save up Linking Words
money
for several Use synonyms
years
. According to a study, the monthly payment for renting a Use synonyms
property
in Philadelphia is nearly $1400, which is relatively cheap comparing to the total mortgage. Use synonyms
In other words
, the owner can have more spare Linking Words
money
when opting to rent a Use synonyms
home
. Use synonyms
Secondly
, the approval Linking Words
time
before moving in is speedy. Normally, it takes 5 days on completing all Use synonyms
paperworks
and checking background information. Correct your spelling
paperwork
Hence
, Linking Words
people
do not have to wait long for starting to live in a rental Use synonyms
house
. On the other hands, the normal processing Use synonyms
time
of purchasing a Use synonyms
property
can take up to one month. Use synonyms
Therefore
, it is undeniable that renting provides Linking Words
Use synonyms
people
multiple advantages.
Verify preposition usage
withpeople
Although
there are many benefits to entering a lease Linking Words
instead
of buying ones, leasing has its own disadvantages. Linking Words
First
, the short-term Linking Words
cost benefit
starts to deteriorate after 10 Add a hyphen
cost-benefit
years
of renting. To be more specific, there is an annual increase in every rental Use synonyms
property
. Use synonyms
This
will accumulate to a much bigger sum after 10 Linking Words
years
because of the law of compounding interest. Use synonyms
Therefore
, many Linking Words
people
prefer buying Use synonyms
houses
after several Use synonyms
years
of renting. Use synonyms
In addition
, Linking Words
rentors
do not typically get back the Correct your spelling
renters
money
which is spent on fixing broken parts of the rental Use synonyms
house
. When a part of the Use synonyms
home
is broken, Use synonyms
home
renters have to allocate Use synonyms
budget
for fixing it. Add an article
a budget
This
Linking Words
money
will not likely to be reimbursed. Use synonyms
Thus
, they lose all of it. In short, there are many downsides of renting a Linking Words
house
.
In conclusion, while renting a Use synonyms
property
is beneficial in many ways, it has several pitfalls. The short-term financial benefit and quick waiting Use synonyms
time
are two advantages. Use synonyms
On the other hand
, the drawbacks of renting are the long-term cost and the inability to get back the Linking Words
money
on fixing the Use synonyms
house
.
In the early 1990s, buying Use synonyms
houses
was a common mindset of many Use synonyms
people
. Use synonyms
However
, renting homes is more popular than owning Linking Words
houses
recently. Use synonyms
Although
renting properties provides tons of benefits in the short-term saving and Linking Words
time
on obtaining one, it has long-term financial problems. Use synonyms
This
essay aims to illustrate the values and drawbacks of rentingLinking Words
Submitted by quanduhoc on
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