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

It is often argued that in some places across the globe, there is a high number of

people

who are inclined towards living in a rented

house

or in an apartment,

while

others prefer to own a

house

for themselves.

Further

,

this

essay will be presenting an advantage and a disadvantage related to the views. Owning a

house

save plenty of expenses. When an individual buys a home for himself, it is more of an investment and security for the future.

Additionally

, the money works for us,

instead

of filling the pockets of tenants.

For instance

, my brother use to live in a rented apartment

while

he studying. During that time he learned about investing and the importance of saving money. Because of ,

this

he was able to purchase a three-bedroom apartment in a high-rise society

last

year. Because of the uneven distribution of the job market, many

people

leave their hometowns and move to the urban area, in hopes of having a better lifestyle and job opportunities. As. there are a lot of expenses in the city most

people

come alone and live in rented apartments so that they could manage their expenses. In the future when family member increases, there is

this

constant pressure of owning a

house

which may lead to mental and physical stress.

For instance

, in a recent survey, which was done in Delhi among the youth,

although

, most of the individuals were content with their lives, they carry

this

constant pressure in their minds that they need to save more money so that could own a

house

in future one day.

To conclude

, more

people

prefer living in a rented home

while

others prefer to own one.