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

Buying a house is everyone’s dream, simply because
that is
the way we have been mentally and
social
Replace the word
socially
show examples
conditioned
Change the form of the verb
condition
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. Ownership is a symbol of success and social status.
However
, in a few countries, people are more likely to
rent
a
home
rather than
buying
Wrong verb form
buy
show examples
one. There are a plethora of reasons why, and there’s no doubt that renting offers some big advantages for younger buyers.
To begin
with, both renting and buying have their financial advantages, and owning a
home
isn’t right for everyone. Unlike
homeowners
,
renters
have no maintenance costs or repair bills, and they don't have to pay
property
taxes.While renting homes usually requires a security deposit equal to one or
two-month’s
Correct your spelling
two month's
rent
, homebuyers are
is
Unnecessary verb
apply
show examples
required to have a large amount of money when purchasing a
home
for an initial down payment.
In addition
,
renters
can live practically anywhere, while
homeowners
are restricted to areas where they can afford to buy.
Finally
,
property
values go up and down,
while
Correct word choice
and while
show examples
this
may affect
homeowners
in a big way, it affects
renters
substantially less.
Furthermore
, the money you pay for
renting
Change the form of the verb
rent
show examples
every month dissolves and you have no financial benefits, compared to owning a house, which is an investment and has financial advantages. Renting leaves, you with no financial perks after your lease is up.
Additionally
, homebuyers build financial equity
as
Change preposition
in
show examples
their
property
, causing an increase in value over time, while
renters
require a constant cash flow to pay the
rent
.
This
can cause
a
Correct article usage
apply
show examples
worry and bring on unhealthy stress for many people because should something bad happen at work, like unexpectedly losing their job,
then
they might find it difficult to pay the
rent
.
In addition
to the financial rewards and benefits,
homeowners
feel pride and self-respect because buying a house is an important milestone in their lives. Owning a
home
can be beneficial for
homeowners
over the long run, due to the amount of equity they acquire in their
home
.
Renters
have nothing tangible for years of rental payments.
However
, for those who want to avoid the hassles associated with homeownership, the costs of upkeep, and
property
taxes, renting might be a better option. Of course, it depends on an individual's lifestyle, financial situation, and whether they’re working or in retirement.
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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • financial commitment
  • down payment
  • initial costs
  • allocate resources
  • maintenance costs
  • mobility
  • relocate
  • market fluctuations
  • property value
  • building equity
  • appreciate in value
  • asset
  • personalization
  • restrictions
  • rental increases
  • lease renewal
  • financial instability
  • housing budgets
  • long-term security
  • landlord
  • lease agreement
  • equity
  • substantial
  • property ownership
  • property market
What to do next:
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