The shelter is
one
of the basic necessities for every individual whether rented or owned domicile.In various nations, renting a Use synonyms
house
, condo or apartment has become the Use synonyms
first
preference over buying Linking Words
one
.Use synonyms
This
has its own merits and demerits which will be explained in the upcoming paragraphs.
To commence with, the benefits of renting a Linking Words
property
are manifold.Use synonyms
Firstly
, it is convenient for an individual to stay in a Linking Words
house
which is near to the educational institute or the workplace.Use synonyms
In other words
, most of the students and employees have to relocate to different parts of the country so renting a place nearby helps them to save travel cost and time.Linking Words
For example
, a recent survey conducted by the Times of India demonstrated that 70% of the people have changed their place of stay due to various personal reasons and preferred to lease over buying a residence.Linking Words
Secondly
, people tend to rent a Linking Words
property
in different regions in order to wisely decide before settling at a particular location.Use synonyms
One
has to evaluate many factors Use synonyms
such
as amenities in a town, infrastructure, nearby places for recreational activities and long term plans of the government for that region. They can compare these areas and Linking Words
finally
decide on investing to purchase a Linking Words
house
in the most suitable Use synonyms
one
.
Use synonyms
On the contrary
, long term renting can lead to overhead costs as once paid we cannot get the money back. Nowadays, with the increase in household expenses , it has become very difficult to save funds and a major portion of the remuneration is spent on paying the Linking Words
house
lease. Use synonyms
Hence
, buying a home can pose a better choice even if an individual has to pay a monthly mortgage as the income is being invested in a dwelling. Linking Words
Moreover
, tenants cannot make amendments to a rented Linking Words
property
due to restrictions from the owner. Use synonyms
For instance
, an individual has to seek permission from the Linking Words
property
owner for making even minor changes in the leased Use synonyms
house
which is not the case for a self-owned abode.
To conclude from the aforementioned discussion, I would like to infer that renting a Use synonyms
property
has its advantages like sensibly making decisions about the location before buying a Use synonyms
house
and proximity from the office or university helps save time.Use synonyms
On the other hand
, it has various disadvantages like rented money adds a huge cost in monthly expenses and restrictions to make changes in the rental place.Linking Words