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

Many people, in a few countries, desire to stay in their homes on rent
instead
of buying them.
This
discourse ahead will state the relevant pros and cons linked with
this
trend. One of the main advantages of renting a home is saving
money
. What I mean by
this
is that
,
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when you buy a home you have to bear the initial cost i.e. downpayment, which is saved when you rent a
house
.
Also
, various other charges like society maintenance
charge
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charges
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and other required
house
expenses are covered by the owner.
Thus
, by renting, residents can save a lot of
money
. Another benefit of renting is flexibility.
In other words
, if you do not like the place you are staying, you have the right to switch your home to a new place without any
boundation
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foundation
, which is not the case if you own the
house
. Now, turning to the other side of the argument, there are some disadvantages of renting a
house
. First and foremost is
,
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less freedom. To be more precise, if you are not owning the
house
you can not change the decor of the
house
.
Secondly
, you are judged as a failure by many ethnicities if you do not have ownership of the
house
so there is
loss
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a loss
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of status quo. Let's take India, as an example. Buying property is aligned with the social status in India. As per the survey conducted by the ‘Times of India’, 73% of Indian parents look for men with
the
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house
ownership
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owners
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for their daughters.
To conclude
, after
all
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,all
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things considered in
regards
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regard
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to buying versus renting a
house
. One needs to weigh up the pros of saving
money
and flexibility, and the cons of loss of freedom and societal success. Personally, I believe the benefits of saving a chunk of
money
and flexibility eventually outweigh any negatives.
Submitted by harshrewari on

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    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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