In some countries, some people are renting accommodation, while others are buying their own homes. Doe renting accommodation have more advantages or more disadvantages than buying a place?

Considering the
price
, some
people
prefer to rent a
house
than own a
house
.
Moreover
, buying a
house
has disadvantages
such
as high
price
and high maintenance
whereas
the advantages are
privacy
and investment.
Due to
this
fact, I wholeheartedly agree that the advantages outweigh the disadvantages of buying a
house
. On the one hand, the drawback of having our own place is it requires a lot of money.
This
is because the
price
of a building in some areas is quite expensive and
people
should prepare a cost to maintain the building because they will live in the
house
for a long time. In Yogyakarta, Indonesia,
for instance
, there is a region called Kaliurang in which the land prices are four times higher than any other region and maintenance fees are not included.
As a result
,
people
tend to rent accommodation rather than buying
due to
the high
price
.
On the other hand
, having our own property is
such
an investment and it guarantees our
privacy
.
In addition
, the increase in land and building prices is stable each year and it could be an opportunity.
Moreover
, having our own place will guarantee
privacy
as we manage our
house
by ourselves. In Jakarta,
for example
,
people
are buying properties in prestigious areas
such
as Pondok Indah and Senayan where the value increases significantly every year by up to 30% and these areas provide security and
privacy
guaranteed.
Therefore
, buying a
house
still benefits
people
in many ways rather than renting accommodation.
To conclude
, buying a
house
requires a reasonable cost to be prepared and a cost to maintain the building.
However
, buying a dwelling is an investment for the future because the
price
increases every year and our
privacy
is guaranteed. For these reasons, I recommend
people
to own their place rather than rent accommodation.
Submitted by ru.kabiru.biru on

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