Many people prefer to live in their own house, while others are prepared to live in rental properties. Discuss both views, give your own opinion and examples.

In
this
modern era, some
people
choose to live in houses owned by themselves, while there are others who find rental houses more suitable for living. In my opinion, I believe that living in an independent own
house
has more benefits than that a rental property.
This
essay will discuss both views in the upcoming paragraphs. On one hand, some individuals find rental houses cheaper than the properties on sale.
In other words
,
people
can spend a minimal amount on monthly basis to live in a three-bedroom
house
, whereas purchasing the same
house
is way costlier than the rent amount.
In addition
to that,
people
living in a rental
house
are free to move anywhere and shifting a
house
is not a big deal for them.
For instance
, my cousin Karan had to move to Mumbai because of a job transfer. It was super easy for him to leave the rental
house
as no documentation and aftercare was needed.
On the other hand
, owning a
house
is prestigious as well as an asset where the
house
can be used not only for living but
also
for monetary benefits. What's more,
people
can live comfortably without any disturbances of shifting and conflicts that happens sometimes between the tenants and landlord. To exemplify, my aunty Kavita suffered from emotional disturbance because her landlord made stringent regulations on tenents and he was an arrogant person. I feel that living in my own
house
gives a sense of content.
Moreover
, one can take a loan on own property in case of needful situations like medical emergencies.
For example
, my uncle Sam took a loan of 50 lakhs for his knee replacement surgery. In conclusion, living in own
house
or rental
house
has its pros and cons.
However
, in my opinion, the advantages of owning a
house
are more than a rental
house
.
Submitted by drvaishalikhare on

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