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

Most people would love to rent their houses

instead

of buying them. I think it is a common thing in some countries. Renting a

home

can bring some benefits, but

also

it has some disadvantages.

Thus

, I want to explain those points from my perspective. On the on hand, renting a

home

is more likely preferable for those who have a small budget for their living. It is a good idea for them to rent a

home

as the payment can be paid every month.

For instance

, there is a fresh graduate who still looking for jobs in a recent city. They tend to rent a

house

and pay it every month or maybe every quarter of the year and they can adjust the payment with the incomes they will get later. Renting a

house

,

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will help them to maintain their budget equally for every need they need for living.

On the other hand

, renting a

home

will bring them a bigger responsibility. They need to make sure that they will pay on

time

.

Otherwise

, they will get in trouble.

This

issue actually happens a lot in our society, where people live in rental houses but

then

when the payment deadline comes, they do not have enough money at that

time

.

This

act will lead them to be homeless as they do not have any place to ensure their proper life ahead.

Thus

, I would say, if they already bought a

house

, they would not face difficulties like that since they had already paid everything at once in the beginning. To sum up, renting a

home

may be an advantage for those who have a small budget and are sure to have enough income every month to pay on

time

.

However

,

house

rentals will lead to a disadvantage if they can not pay on

time

.