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Band 7.5

Some people like to own the place where they live, but other people like to rent where they live. Discuss both views and give your opinion.

#people #place #rent
It is often argued that some people prefer to purchase their own property,
while
 others do not and choose to pay
rent
. It is obvious that there are advantages and disadvantages on both sides. I personally believe that owning a
house
 has more benefits than paying
rent
 forever in your
life
.
Firstly
,
it is clear that
 you have security when you own a dwelling even though there are considerably higher mortgages, interests and deposits to pay off in a certain time period.
This
 would be a primary disadvantage for
house
 buyers and it might cause financial stress and pressures on a part of their
life
.
However
, once, all debt has been paid off, the
house
 will be a significant valuable asset and investment.
Also
, a
house
 owner is able to refurbish, paint and decorate whatever their taste.
In addition
, not having landlords, residents will never be told to move out and be able to live for the rest of
life
.
Therefore
, it is a more secure and stable lifestyle after payments have been completed.
On the other hand
, some said that it is much easier to live in a rented
house
, just paying
rent
 every week or fortnight with a fixed budget
instead
 of holding an incredibly large amount of mortgage for the long term and enabling to save money for other necessities.
Furthermore
, renters are able to move out whenever they decide, and landowners need to maintain the
house
 for renters, not renters’ matters as long as they behave themselves.
As a result
,
this
 way of
life
 makes people obtain by far more simple, flexible
life
 and less weight on their minds with housing. Having said that there are some disadvantages to renting houses. Mainly it is an insecure livelihood because renters are highly likely to be required to leave the
house
 whenever needed, and of course, it is inevitable to pay
rent
 permanently even if you are in financial trouble. In conclusion, being satisfied with living in a secure
house
 is an important part of one’s well-being even though the measurements depend on the individual. In my opinion, owning a
house
 ensures a steady, safe and comfortable lifestyle and
also
 creates a huge asset for your family.
Submitted by slowloris4444 on

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