In some countries, most people prefer to rent a house rather than buy their houses. What are the advantages and disadvantages of renting a home?

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Most population in some countries tend to live in
rent
rather than own a
house
. In
this
essay, I will explain the advantages and the disadvantages of
people
's decision to
rent
a
house
. On the one hand, renting can offer a few great benefits.
Firstly
, it offers the flexibility to relocate. Renting allows
people
to easily move out since they do not have a long-term commitment to a mortgage.
For example
, it will help
the
Correct article usage
a
show examples
family who
have
Change the verb form
has
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to move to another city
due to
a job rotation,
thus
they can just stop the renting contract.
Moreover
, with renting,
people
do not have to spend a special budget for the maintenance of the
house
as most of it will be covered by the landlord.
On the other hand
,
although
it has a lot of advantages, renting
also
can pose some drawbacks.
To begin
with, renting means no equity building.
People
must pay some cost for renting
whereas
it does not contribute towards owning the
house
.
Furthermore
,
people
face the possibility of experiencing higher
rent
costs in the future. Nowadays, a nation's inflation is getting higher and higher, which
thus
leads to an increasing price of goods and services including renting.
To conclude
, it is true that renting a
house
brings some advantages and disadvantages at the same time.
While
people
can be more flexible about moving out and not be burdened by the maintenance cost, renting a
house
means they do not own the
house
but pay for it monthly/yearly and have to be prepared for a rising
rent
cost.
Therefore
, I recommend
people
to have more consideration towards their choice, adjusted with their financial ability.
Submitted by mmmuuu on

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Coherence & Cohesion
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Task Achievement
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Coherence & Cohesion
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Task Achievement
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