Nowadays, many people prefer to rent a house rather than buying their house. Discuss the advantages and disadvantages

In earlier days, it was quite common for people to buy a
house
on their own.
However
,
this
trend has now been reduced and many people live in a rented
house
rather than to buy a new one. We shall discuss the benefits and drawbacks of
this
phenomenon in
this
essay. The main advantage of staying in a rented
house
is that tenants do not have to take up much responsibility to maintain the
house
.
This
means that individuals or families, when living in someone’s
house
for rent are less accountable compared to own houses.
For instance
, if there is an issue with any of the utilities
such
as electricity, water, heater etc., tenants can give a call to his /her owner and the latter is liable to resolve the problem at the earliest possible time.
Hence
, tenants feel more relaxed and can stay calm
while
living in a rented building.
On the other hand
, buying your own
house
has many advantages too.
Firstly
, it ensures freedom
to
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for
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the owners to design their living space
according to
their wishes.
For example
, they can decorate walls using paintings and stickers which makes the
house
more beautiful.
Secondly
, our own
house
is an asset to any individual or family because in most cases, the value of the property would increase tremendously in future years. Even if a person decides to sell his
house
, there won’t be any loss, rather it brings him profit as the resale value is high.
Lastly
, staying in our own
house
eliminates the risk and struggles of
house
shifting which is a herculean task.
While
considering all these merits, an own
house
has many positive sides. In short, having our own
house
has more advantages than disadvantages.
Therefore
, it is better to purchase a
house
of our own to make life enjoyable, peaceful, and profitable.
Submitted by gloriasherin on

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Consider including a balanced view by discussing advantages and disadvantages of both renting and owning in your conclusion.
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