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

#countries #people #rent #homes #home
In recent times, it has become extremely expensive to own a property. With the rise in demand, the prices are
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on
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all time
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 high in some prime cities around the world. Individuals are considering leasing a
place
instead
 of purchasing.
Firstly
, a person can find residence closer to his/her
place
 of work so that it is easy to commute. It can open doors to plenty of career options. Having a permanent home, limit the options for the people as they are unwilling to travel long distances for their jobs. Some folks tend to reject the offer when they find that it might take more than 3 hours to reach the office premises.
Secondly
, with fixed monthly deductions, they can plan their expenses in a better manner so that they don't lose their savings in one go and can find their space at affordable rates that fit their budget.
Furthermore
, families have the liberty to shift if they find the
place
 to be inconvenient.
However
, some might not find it pleasant to not a have permanent
place
 to live. In a situation of financial instability, owning a
place
 can give a sense of security.
Moreover
, investing in real estate is a great investment as there is very
less
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little
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 chance that the price would go down. Some get frustrated with frequent movement from one
place
 to another. They want to have a house with lawns and swings so that they can relax and their kids can play. Some are ready to travel long distances but prefer a big mansion in the suburbs.
Also
, there can be situations where renting a
place
 at a preferred location may not be that budget-friendly. In the conclusion, there can be numerous benefits in owning a house but renting provides better flexibility and
also
 it saves some precious time that can be spent with their loved ones.
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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • financial commitment
  • down payment
  • initial costs
  • allocate resources
  • maintenance costs
  • mobility
  • relocate
  • market fluctuations
  • property value
  • building equity
  • appreciate in value
  • asset
  • personalization
  • restrictions
  • rental increases
  • lease renewal
  • financial instability
  • housing budgets
  • long-term security
  • landlord
  • lease agreement
  • equity
  • substantial
  • property ownership
  • property market
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