in most of the countries, people prefer to live in rented appartment rather than buying a home? what are the advantages and disadvantages of iving in rented accomodation?
In several ,nations it has been seen that individuals are choosing to stay in a rented flat
instead
of buying their own. Linking Words
However
, it has a few disadvantages Linking Words
such
as, they can not decorate the walls without the owner's permission and have to share the things with others. Despite Linking Words
this
, it has some advantages in terms of saving property expenses and easy to move to a new place without any concern. Both notions are elaborated on in the looming paragraphs.
To commence with, living in rental accommodation has two main disadvantages. Linking Words
Firstly
, the tenant has a restriction to change any wall painting or windows sheet as per their choice, they have to inform the owner before making any changes to that. Linking Words
For instance
, in child rooms where most of the time parents design something which their toddlers like Linking Words
such
as a star on the walls, but they can't modify the wall design without asking the holder. Linking Words
Besides
Linking Words
this
, individuals have to share the washing machine with others, it has been shown that many rental places have common washing, and they decide the days for each rental unit to do that. Linking Words
As a result
, people are bound to wash their clothes on decided dates. Linking Words
Therefore
, rental units have these common issues, which most holders will not like.
are there any benefits to living in a lease suite? Certainly, there are few, primarily, tenants with no need to pay the unit tariff to the government. In some countries, tariffs are different for apartments, and that has to be paid by the proprietor. Tenants are not bound to pay these as they are not property holders. Linking Words
For example
, in Canada , condo apartments have high taxes, which have to be paid by the proprietor and it's clearly written in their tenant form, which needs to fill their rental flat. Linking Words
Furthermore
, it has been seen that individuals can migrate easily to any other place without any concern about ownership. Sometimes people get a job in different places, and they have to move quickly. Despite thinking about what will happen to the apartment, they will just give notice to the owner and leave that place without any hesitation. Clearly, it has good advantages in terms of moving and saving taxes amount.
In Conclusion, Linking Words
Although
, living in a rental residence have disadvantages like sharing and being unable to modify walls, it has great advantages in term of easy migration and saving house rate.Linking Words
Submitted by ashishsingh333111 on
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