Many people hold the view that it is better to buy their home rather than rent it. Do you agree or not?

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In modern days, many people believe that buying an accommodation is more optimal than renting
one
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.
This
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essay will express the opinion of
this
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writer that buying a
place
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to settle down is better because of financial issues and the limitation of accessibility. It is vital to understand that buying your own
place
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could financially benefit you
instead
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of renting
one
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.What I mean is once you buy a
home
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that means you own real estate , and that
home
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would become your property as you know real estate can grow very rapidly and after time your
home
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will be worth much more than the value when you buy it.
Otherwise
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, renting your living
place
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could affect your money.
Due to
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the fact that you have to worry about your
rent
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payment every month and it will take away a percentage of your income, it is obvious that owning a
home
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and not having to pay
rent
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will allow you to live more comfortably and you will be able to use all your money to do everything you like.
Therefore
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, there are multiple financial reasons against renting an accommodation
such
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as
rent
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will be a part of your monthly income and owning a property could benefit you later on. Another key component of the case for buying a living
place
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is that you will get access to everything in your
house
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and can do everything in your favour.Indeed, if you own your
place
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you can customize it by your own idea .
For example
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, you can hire a designer to embellish your
home
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, make it as pretty as you wish and you now have a
home
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that will satisfy you and it
also
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shows your own characteristic.
While
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renting accommodation will have some restrictions and you can not get full access to your
house
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. If you want to make some changes in your
house
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, it will not be able as it might be included in the rental contract and the landowner would not be happy with that.It would be self-evident that buying your
home
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would be more convenient in terms of personalization as you can not do everything with your rented
house
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. In conclusion, it can be seen that owning your
home
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is better because it would be your property and its value can rise over time ,
also
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renting
one
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will not benefit you economically.
Moreover
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, there are reasons for limitations for the personalization of your
home
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when you decided to
rent
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it but buying
one
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just solves your problem .
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Your opinion

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

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Topic Vocabulary:
  • property ladder
  • mortgage
  • rental agreement
  • down payment
  • equity
  • appreciate
  • rental market
  • monthly installments
  • credit score
  • repairs and maintenance
  • landlord
  • tenant
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