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

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In many countries across the globe, there exist individuals who have different preferences when it comes to buying a
home
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. Some people consider buying a
house
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less feasible
therefore
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they rent their
house
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. I will discuss the pros and cons in the subsequent paragraphs.
To begin
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with, there are many countries especially across Europe, where it is difficult to buy a
house
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. There is a huge amount of money that goes into the down payment. Afterwards, the monthly mortgage is spread over years which is
then
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paid monthly. It is not affordable for many people
therefore
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families choose to live in a rented
house
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. The main advantage in regard to
this
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is
such
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families are flexible. If they want to change their
house
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at any time they can. They don't have to go through so many formalities.
Moreover
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, if there is any problem, they don't have to worry about that. they only need to tell
this
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to
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apply
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the landlord and he will try and fix the problem as his earliest.
On the contrary
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, there are many disadvantages associated with rented homes.
For example
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, if you want to change something in the
house
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, you are not allowed to do
this
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unless you get permission from the landlord.
Similarly
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, the
house
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should be given back as it was taken in the beginning.
Therefore
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, you have to take extra care of the
home
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to keep everything in perfect condition.
Furthermore
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, there is some sort of unreliability because at anytime landlord can give the notice to empty the
home
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. In conclusion,
i
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I
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would say renting a
home
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is better in many ways and not good in fewer.
Submitted by ashkhan879 on

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