Some people like to own the place where they live. But, other like to rent, discuss both views and give your opinion.
Regardless of the pros and cons of living in a
house
, plenty of individuals tend to have their own house
. on the contrary
, others want to rent a place
. In this
matter, both ideas are acceptable but the first
advantage and disadvantages of both ideas must be discussed.
Nowadays, renting a place
is becoming more popular due to several factors. But, in meantime, some side effects are available in this
manner. The upside of renting could be divided into several parts such
as flexibility of payment
, Variety of choices, and free maintenance. To begin
with, most landlords tend to provide more options for payment
in order to cover the range of individuals. Then
, it helps people to find the right place
and adjust their budget easily with a case. As an example, sometimes landlords offer 6 cheques for payment
to decrease the amount of payment
and it is a good term for payment
. Additionally
, the range of renting houses is increasing rapidly in all areas because of the profit of renting and side hustling for landlords. As a result
, it allows tenants to find a good apartment with all needful facilities and requirements without any hesitation in a minimum time. Furthermore
, it makes the market more competitive for renting. Finally
, free maintenance is an option to avoid unnecessary expenses for tenants which means, there is no payment
for something which is broken or damaged that belongs to the building. For example
, if there is water leakage, it is the landlord's responsibility to fix it and pay money for it, not the tenant's.
On other hand, being an owner of a property is sometimes more profitable than renting it. Because, by owning a place
, some features and possibilities become available for the buyer such
as getting a mortgage from the bank for up to 25 years. Moreover
, when it comes to comparing with rent price, most of the time, a loan is less or the same as rent but the ownership is completely different. Also
, being an owner means having something exclusively and independently which allows the owner to do any changes inside the house
without any permission.
To sum up the above points, I believe that both options are perfect and can be used at the proper time depending on the situation. But, owning a house
is more affordable and gives a sense of independence to people. And, remove the biggest concern from them in life.Submitted by farhadsafiri on
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