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

In the contemporary world, people struggle to choose a comfortable residence for living along with convenience in terms of a good transportation system. Currently, the trend of renting a

house

Use synonyms

rather than buying one is commonly seen among people in many countries. Many struggles to choose between paying rentals or bear the burden of instalments for various reasons.

This

Linking Words

essay will discuss the merits and demerits of being a tenant. In the current world, ‘Stability’ is a word found so rare that taking a firm decision for residing in a particular

place

Use synonyms

seems almost impossible for many of us.

Firstly

Linking Words

, buying own property for a living sometimes becomes a burden if a person wants to migrate to a new town with new possibilities,

for instance

Linking Words

, a better job opportunity at a distant

place

Use synonyms

might be evaded. Renting a

place

Use synonyms

is an easy solution to

this

Linking Words

problem.

Secondly

Linking Words

, paying regular rentals allows the renter to make a prompt decision of choosing the right range of costing just complementing the present financial strength of that individual.

Moreover

Linking Words

, purchasing a

house

Use synonyms

is linked to many financial factors,

such

Linking Words

as, debt burden, lack of liquidity, and uncertainty in the job sector which adds some extra pressure on the debt holder.

Therefore

Linking Words

, tenants get the additional benefits of movability and freedom of choice. Apart from the above positive impacts of renting a property, there are some disadvantages of it.

First

Linking Words

, building one’s dream dwelling is only possible if anyone owns a

house

Use synonyms

. Many rules, regulations, policies, and restrictions are associated with a rented tract which always works as a hindrance in the way of decorating a

place

Use synonyms

as very own.

For example

Linking Words

, a landlord might limit the renter to change the colour of the walls and sometimes

also

Linking Words

instruct not to change the settings of the appliances in a full-furnished apartment.

Second

Linking Words

, staying in a neighbourhood for several years creates a warm relationship with the neighbours of that zone which is almost impossible if one keeps changing the area frequently.

Furthermore

Linking Words

, buying accommodation for an individual brings a feeling of emotional involvement which is always missing in renting. In conclusion, own territory provides the luxury of incorporating free will and rented property reduces the financial risk of the person. There are several motivating factors and

similarly

Linking Words

numerous demotivating matters relating to making a choice of one among these two.

Consequently

Linking Words

, taking a decision of purchasing a

house

Use synonyms

or pursue as a lodger, mostly depends on the condition of that particular person as well as his aim of life.