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

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Introduction

In numerous regions, a vast of individuals considering leasing their accommodation rather than purchasing them. It is beneficial to

lease

Use synonyms

homes for those who want to move independently.

On the other hand

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, purchasing a building is lucrative for investors. There are several benefits and drawbacks.

Body paragraph 1

To begin

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with, In the modern century, accommodation fields are insufficient for many people because there is a significant demand for the real estate business.

Hence

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, some individuals tend to

lease

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a home because they don't want to tackle with mortgage system. In terms of

this

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kind of issue renting a building is a good opportunity.

For instance

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, If you want to immigrate abroad

then

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you should

lease

Use synonyms

a house

while

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acclimatizing to country conditions. Thereby, it provides them to free movement benefits.

Furthermore

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, buying a home is requiring a down payment in order to borrow money from the bank.

Whereas

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, leasing accommodation merely needs a deposit for possible damages.

Body paragraph 2

Despite of above advantages, the real estate industry has enormous demand from all around the world. Their market value increases every year so people should consider buying a property in order to keep their money value against inflation. As an illustration, each family pays roughly a 1.500 USD rent fee to their landlord.

However

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, If they decide to buy a house, their instalment is approximately 2,000 USD so owning real estate would be a good venture for buyers.

Moreover

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, It is insurmountable to decorate a leased home because tenant agreements obligation is a strict and tenants have to tackle with kinds of obstacles.

Additionally

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, In some ,cases landlords may ask their tenants to dismiss from the property because they may want to

lease

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for a higher price.

Conclusion

In conclusion, It is beneficial to rent a house whether those who are newcomers or freelance workers.

However

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, monthly

lease

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fees are a kind of a waste of money and it doesn't give them a chance to decorate in terms of their own preferences.

erdinc.keserli

Feb 26, 2023

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12
Linking words
meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

323 words

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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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