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

For some people , the dream of owning a home is not possible or is unfavourable while in most nations , many people decide that renting their home is preferable to buying it. In

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essay, I will discuss why renting can allow a more flexible lifestyle but why it can eventually be financially disadvantageous.

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of all, renting a house ,rather than buying one,

give

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gives

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you the opportunity to move anytime to anywhere you want.

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, if you change jobs and your new office is far away ,

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you can hire a house closer to work, which will save you lots of time commuting.

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, another benefit of leasing is not being responsible for the maintenance of the property.

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, the water supply source of a friend who lives in a rented apartment for bad and immediately the owner of the property called in a plumber to fix it ,

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clearly shows that because you don't own it, you don't typically have to repair anything, which can save you money. It is clearly seen that there are advantages to hiring a house. Despite the flexibility that leasing offers, there are financial drawbacks. The biggest drawback of renting a property is that you won't eventually profit from the sale.

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, another disadvantage is that you have to pay monthly which can be very expensive . In short , it may only be a good short-term option.

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, home ownership and leasing both have their pros and cons. In

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essay, I argued that renting provides greater flexibility while owning results in a greater financial reward. Personally, I prefer to rent so that I can have a more flexible lifestyle.