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In some countries, some people are renting accommodation, while others are buying own homes. Does renting accommodation has more advantages or more disadvantages than buying a place?

#countries #people #accommodation #homes #place
In many parts of the world, some individuals believe in living in rental properties
whereas
 others prefer to own a residential real estate.
However
, both types of accommodation
has
Change the verb form
have
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its
Correct pronoun usage
their
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 pros and cons, yet tenants have
flexibility
Add an article
the flexibility
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 and less stress to pay various cost related to the home.
Therefore
,
benefits
Correct article usage
the benefits
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 of rental property
outweighs
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outweigh
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 the disadvantages. On the one hand, it is easy to move as per the desire if one rents a place to live.
Consequently
, leasing is more flexible and pocket friendly because it can help save money despite paying for mortgages, insurance and property taxes which are usually very high in comparison to the monthly rent. In Canada, on
an
Correct article usage
apply
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average monthly lease is $2500 per month as compared to
the
Correct article usage
apply
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financing
that
Correct pronoun usage
which
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 totals
to
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apply
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$5500 plus almost an additional 13 per cent interest rate on the mortgage amount. Considerably, having a permanent resident could be challenging to the pocket.
On the other hand
, a place called home becomes a symbol of lifestyle as it does not limit the wishes to modify as per your requirements. Certainly, landlords do not allow to make any major alteration
in
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to
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 their property,
nonetheless
, if one owns it,
freedom
Correct article usage
the freedom
show examples
 to renovate unlocks.
For example
, changing the wall painting, structural alterations or even adding more rooms etc. are restricted in case of tenancy.
Moreover
, the hassle to move frequently can be neglected after owning a residence as it usually becomes a
premanent
Correct your spelling
permanent
 place to live. In conclusion, even though there are various merits of being
a
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an
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 owner of
the
Correct article usage
a
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 house, it cannot
down scale
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downscale
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 the advantages of rental accommodation. I believe
,
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apply
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 it is a great deal to save money for the future by being a tenant
instead
 of being stressed to pay instalments and other
cost
Fix the agreement mistake
costs
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 associated with the principal home.
Submitted by ramanpreetkaursetia on

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • affordability
  • flexibility
  • maintenance
  • financial commitment
  • investment
  • stability
  • sense of ownership
  • property value
  • mortgage
  • rental agreement
  • tenancy
  • security deposit
  • real estate market
  • housing market
  • housing loan
  • homeownership
  • residential property
  • landlord
  • tenant
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