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 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.

Body paragraph 1

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.

Body paragraph 2

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.

Conclusion

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.

adityabawa66

Mar 10, 2023

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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?

Some people think that outdoor activities are more beneficial for children’s development than playing computer games. To what extent do you agree or disagree?

most high level -position in companies filled by men even through the workforce in many developed countries is more 50% female companies should be required to allocate certain % of these portion to wome

in some countries the average weight of people is increasing and their level of health and fitness are decreasing. what whould you think the causes, and what measures could be taken to solve them

Your next door neighbor owns a small dog that barks throughout the day and the night. Write a letter to your neighbor requesting that something be done about the dog. Include in your letter: oYour reason for writing oWhat you would like to happen oA nice, respectful style.

Some university students want to learn about other subjects in addition to their main subjects. Others believe it is more important to give all their time to studying for a qualification. Discuss both views and give opinion.