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In most of the countries, people prefer to rent their homes rather than buying them. Do the advantages overweigh disadvantages of renting a home?

#countries #people #rent #homes #overweigh #home
Owning a house in
this
 fast-growing economy is very difficult nowadays. Some people believe that renting a place to accommodate is more economical than buying a property. I am completely in the favour of advantages of the same, in
this
 essay I will elaborate on both sides of views.
To begin
 with, renting a sheltered place has its own merits. Switching a rented apartment will not be an issue, there are no taxes or extra penalties for changing houses as per tenant laws.
Furthermore
, repair cost and maintenance costs will be covered by the landlords themselves.
Additionally
, a tenant does not require a large amount of leverage to buy a property even monthly rent will be fixed. To illustrate, the average cost of purchasing an own corner is augmenting at a high pace of 10% on year to year basis.
On the other hand
, landlords have a sense of stability and pleasure in owning a property. It even helps owners in building their equity. To
further
 strengthen their assets they can rent and generate a fixed income on the same equity.
For example
,
according to
 a report submitted by " The Guardians" 5 % of the richest individuals in Canada are landowners who lease their estate. In simple terms, renting land is seen as the most profitable business in today's time.
To conclude
,
although
 in today's time, the masses prefer a rented place over owning a house to their name, I believe purchasing equity has more advantages, as the return on investment is quite high and valuation will always go on the upper side in today's time.
Submitted by prajeshtrivedi94 on

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Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

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:
  • preference
  • advantages
  • disadvantages
  • renting
  • buying
  • flexibility
  • upfront costs
  • maintenance
  • repairs
  • amenities
  • property taxes
  • limited control
  • equity
  • investment
  • rent increases
  • customization
  • stability
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