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

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Nowadays,
in particular
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countries, the majority of the population has the preference of living in a rental home over owning one.
However
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, there are a series of benefits and drawbacks, and
this
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essay will discuss both points. On the one hand, the main disadvantage of not having your own house is that
instead
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of investment property which is yours, you are paying for a rent a house monthly.
For instance
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, some people prefer to buy a place for the reason that most of the time, the amount invested in a rental is almost the same as an
installment
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of a loan.
Thus
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, some individuals advocate that in the long term view owning a property is a security pilar after retirement.
On the other hand
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, others claim that not having a fixed place these days is an excellent benefit. Compared to the past, where owning a house was more economical, today,
this
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difference is less dramatic. It enables individuals to live wherever they find attractive and change it whenever is convenient.
For example
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, during quarantine, most workers started working from home, making it possible to work from any place with an internet connection.
As a result
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, part of the people living in rental homes decided to move to more pleasant places like the beach or a quiet country town. In conclusion, it is clear to affirm that renting a home has both pros and cons, and it is up to each individual to evaluate which option fits better with their values and lifestyle.
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Your opinion

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Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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