In some countries, people prefer to rent their home rather than buy one. What are some of the advantages and disadvantages of renting a house?
Many populations in our society reside by home renting due to their idiosyncratic judgements or unconditional circumstances.
Nonetheless
, benefits and drawbacks exist whether some prefer to live by monthly payments or own a house. Linking Words
This
essay will compare the negative and positive aspects of entering the real estate market.
Linking Words
To begin
with, one is not burdened with housing maintenance and mortgage debts by living in a rental property. For some landlords, these monthly costs exceed the earning income, leading to insolvency. Linking Words
Moreover
, housing markets are volatile due to the heavily leveraged loans. Linking Words
For example
, during the financial crisis in 2008, many homeowners lost their properties or were in debt due to the market crash. Overall, dwelling in a rental home can avoid these crucial situations and dangers.
Linking Words
On the other hand
, housing prices owned by the landlord will likely increase on the long-term horizon; meanwhile, living in a rented shelter will not gain any advantages. Linking Words
For instance
, after the financial crisis, the housing market persistently surged until today, indicating the success of those who owned the properties during these periods. Linking Words
Furthermore
, homeowners are authorized to evict if necessary, and people who live in rentals are at risk. Linking Words
Therefore
, Linking Words
as a result
, some major disadvantages are included when one decides to stay in the rental properties, even if he can own one.
In conclusion, both advantages and disadvantages follow in a decision to own a home. It is up to an individual’s responsibility and judgement because each position carries particular risks and liabilities.Linking Words
Submitted by julyest71 on
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.
Answer the 'Advantages and Disadvantages' topic
IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.
Answer structure for the type of essay
- Introduction
- Body paragraph 1 – advantages
- Body paragraph 2 – disadvantages
- Conclusion
Examples to start your body paragraph:
- The main advantage is...
- The disadvantage of this...
- The main benefit...
- Despite these advantages...
- One possible drawback...