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

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When people make an important decision in their lives like moving from their
houses
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, they have to decide other things related to their old stuff, so there will be a question, is it wise to rent a house or to buy it? in
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essay I will discuss why renting
houses
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will guarantee a good future, but why it will drag so many problems too. Renting
houses
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has so many benefits, like having
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sort of long-term investment, maybe buying it will mean a huge revenue in short term, but what if the owners prefer to get a little bit of money monthly or yearly for their whole life,
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may consider like doubling the amount of money on the long term, another benefit of renting is keeping the possibility of a return to their property one day,
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as working nearby,
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will avoid them the struggling of finding a new home process and making new relationships with new neiboughrs. On the other side, renting
houses
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could be risky, once you may not be lucky in finding a renter, or
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renter could be untidy and leave it with so much damage, which will cost the owners for fixing and maintenance later on,
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, people should put in their minds that these
houses
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will not remain the same as years running, due to the fact that renters may look for modern decorating and needing to some maintenance works. In conclusion, renting is a good choice to invest money in, and putting fair laws and regulations by the government related to
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topic will encourage people to take
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decision and will make them feel safe.
Submitted by dinaruqti on

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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
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