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

Nowadays, due to the crisis in the real estate field, many
people
prefer to rent their accommodations
instead
of buying their own houses. In
this
essay
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,essay
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I will explain the advantages and the disadvantages of renting a
home
. I will
also
provide some examples.
To begin
with, for
people
who decide to rent a flat, there are several advantages.
To begin
with, if they can't afford the full price of the property, deciding to rent it monthly is the perfect solution. Many property managers give the opportunity to pay for the house fortnight, once per week or once per month,
thus
, by doing
this
, owners can pay easily and less than buying it forever.
For example
, I'm currently living in Melbourne and I pay the amount for my flat every two weeks and
this
allows me to manage in a better way my earnings,
furthermore
,
this
is the best solution for young
people
who do not have so much money.
In addition
to
this
, renting accommodation give to owners more flexibility. Many
people
today do not live in the same place for their entire life: someone is
a
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apply
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digital
nomads
Change the noun form
nomad
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and others just want to discover more countries. Due to these reasons, for them the best decision is to renting an apartment for a limited period of time, having time to stop the contract and change accommodation.
For instance
, nowadays,
people
want more flexibility about their houses, because of their work as digital nomads, as mentioned above.
On the other hand
, renting a
home
has a main disadvantage. Human beings need a place to call
home
, where they can feel safe in their personal space. Buying a property means security for many families ,
for example
,
thus
they can grow their kids with stability. Paying a monthly fee for the accommodation does not give you the feeling of
home
, because you are not certain that you will live there forever.
This
emotional feeling plays a fundamental role in
this
decision and many individuals do not want to feel like strangers in their own houses. To conclude, despite renting an apartment can't guarantee the feeling of safety for many
people
, I think that the advantages of it outweigh the disadvantages because thanks to
this
solution,
people
can be very flexible about their future and save money, especially when it comes to youngsters.
Submitted by tommasobelgrano02 on

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