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

Some
people
like to stay in
the
Correct article usage
apply
show examples
rental apartments whereas others prefer to have their own. It depends on the individual choices and the requirements.
This
essay will describe both the merits as well as
demerits
Correct article usage
the demerits
show examples
of renting a
house
. Nowadays, it is very common that
people
have to migrate to different countries with respect to their work.
Hence
, pertaining to
this
one of the major
advantage
Change to a plural noun
advantages
show examples
of renting a
house
is its ease and convenience.
For instance
, in the present
times
Add a comma
,times
show examples
if a person needs to relocate to some other place, it is very easy to rent a fully furnished apartment online only with all the amenities.
Moreover
, owning a personal home requires a lot of maintenance whereas in the case of rental
property
it has to be taken care of by the owner. To illustrate, in a survey, conducted in the urban areas of Korea, most of the
people
Correct your spelling
preferred
preffered
Correct your spelling
preferred
to have rental apartments as the problems arising with concern to electricity, water supply or any repairs are handled by the
property
owners.
Therefore
, renting a home makes
life
Add an article
the life
show examples
of
people
more
Change the word
apply
show examples
easier and simpler.
On the other hand
, there are some drawbacks
also
such
as a
people
spend a lot of money from their monthly income
in
Change preposition
on
show examples
paying the rent and still the
property
does not belong to them. The best example of
this
can be seen in countries in the middle east where
expats
Correct your spelling
ex-pats
show examples
are not allowed to purchase the
property
,
however
Add a comma
,however
show examples
they spend a huge sum of their income
in
Change preposition
on
show examples
paying rent.
Moreover
, owning a personal home gives a sense of security which can not be attained by renting an
Correct your spelling
apartment
apartmnet
Correct your spelling
apartment
.
For instance
, in most of the countryside regions in India
people
have their own houses and for
them
Add a comma
,them
show examples
it is an asset which can be helpful in any bad financial circumstances.
Hence
, having
ones
Change to a genitive case
one's
show examples
own
house
provides
a
Remove the article
apply
show examples
financial security
which
Correct word choice
that
show examples
the rental ones can never
Correct your spelling
fulfil
fullfill
Correct your spelling
fulfil
. To conclude, renting a
house
has both the advantages as well as disadvantages. It depends upon the personal choice of an individual whether to opt for rental or to
have
Unnecessary verb
apply
show examples
own
property
.
Submitted by drvishal13 on

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