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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In recent decades, many individuals have been living in rental properties rather than owning a home.

This

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is a rising trend in many countries. And, There are certain advantages and disadvantages of living in rental properties. To commence, there are two main benefits of living on rent.

Firstly

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, it saves families from a huge financial burden as they just have to pay the monthly expense of living in someone's house.

Also

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this

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allows people to invest their savings in building a business, which is financially more rewarding.

For example

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, many people purchase apartments to list on Airbnb to earn extra income and still live on rent.

Secondly

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, renting a home is more affordable than purchasing it

due to

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rising inflation in the real estate markets. To illustrate, it takes thirty years for a couple to pay off their mortgage in 2023,

while

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it was just seven years in 1980.

Hence

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this

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form of accommodation has many benefits.

On the other hand

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, there are two main drawbacks to using

this

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mode.

Firstly

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, it lowers the level of freedom which a family may enjoy in their own home.

This

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can be because of following landlords' directions to maintain the property.

Also

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, a person can never make any major architectural changes in these outlets.

Secondly

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, one can never feel the sense of ownership here.

This

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psychological effect helps an individual to become more satisfied and stable.

Hence

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, renting a house certainly has some drawbacks.

To conclude

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, financial freedom and affordability are the main benefits of living in rental accommodations.

However

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, one enjoys lower personal freedom and a sense of ownership in these forms of housing.

Overall

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, it all depends upon individual personal choices and requirements.

Submitted by adityabawa66 on Fri Mar 10 2023

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Your opinion

Don’t put your opinion unless you are asked to give it.

If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

Here are examples of instructions that require you to give your opinion:

...do you agree or disagree?...do you think...?...your opinion...?

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

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

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

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

Your opinion

In many countries today, if people want to find work, they have to move away from their friends and their families. Do you think the advantages of this development outweigh the disadvantages?

Many children these days have an unhealthy lifestyle. Both schools and parents are responsible for solving this problem. To what extent do you agree or disagree with this statement?

02.Having more money and less free time is better than earning less money and having more free time. Discuss both views and state your opinion.

It Is Better For Students To Live Away From Home During Their University Studies. To what extent do you agree or disagree?