In some countries, people prefer to rent a house than buy one. What are the advantages and disadvantages of renting a property?

The shelter is
of the basic necessities for every individual whether rented or owned domicile.In various nations, renting a
, condo or apartment has become the
preference over buying
has its own merits and demerits which will be explained in the upcoming paragraphs. To commence with, the benefits of renting a
are manifold.
, it is convenient for an individual to stay in a
which is near to the educational institute or the workplace.
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.
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.
, people tend to rent a
in different regions in order to wisely decide before settling at a particular location.
has to evaluate many factors
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
decide on investing to purchase a
in the most suitable
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
, 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.
, tenants cannot make amendments to a rented
due to restrictions from the owner.
For instance
, an individual has to seek permission from the
owner for making even minor changes in the leased
which is not the case for a self-owned abode. To conclude from the aforementioned discussion, I would like to infer that renting a
has its advantages like sensibly making decisions about the location before buying a
and proximity from the office or university helps save time.
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.

Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

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Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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