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

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He In many countries, an increasing number of people prefer renting homes rather than purchasing them. Renting offers several advantages,
such
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as exemption from
property
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taxes
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, freedom from long-term debt, and lower maintenance costs.
However
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, it
also
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comes with drawbacks, including restrictions imposed by
landlords
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and a lack of stability. On the positive side, one of the major benefits of renting a
home
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is avoiding
property
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taxes
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. Homeowners are typically required to pay a significant percentage of their annual income in
taxes
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.
For instance
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, in India,
property
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taxes
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have been rising sharply, leading many people to opt for rental housing
instead
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of purchasing a
home
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.
Additionally
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, renting allows individuals to save more money since they are not burdened with mortgage payments. Another key advantage is freedom from debt. Many people take out large loans to buy a house, which can be financially and emotionally stressful.
For example
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, an IT employee earning ₹50,000 per month may need to allocate ₹20,000 for a
home
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loan
installment
Change the spelling
instalment
show examples
over 20 years to purchase a ₹50 lakh apartment.
This
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long-term financial commitment can lead to psychological stress and financial constraints on the family. On the negative side, renting a
home
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often comes with inconveniences, particularly from
landlords
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. Some
landlords
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impose strict rules regarding electricity and water usage, limiting the tenant's freedom. In some cases,
landlords
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also
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interfere with the tenant’s personal life.
For example
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, if the homeowner is vegetarian, they may prohibit tenants from cooking or consuming non-vegetarian food in the house. These restrictions can disrupt daily life, causing frustration or even emotional distress for tenants.
Additionally
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, frequent relocations
due to
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lease agreements or rent increases can make renting an unstable long-term option. In conclusion, renting a
home
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offers significant financial advantages,
such
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as avoiding
property
Use synonyms
taxes
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and escaping long-term debt.
However
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, it
also
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comes with limitations, including landlord-imposed restrictions and a lack of stability. Ultimately, the decision to rent or buy depends on an individual’s financial situation and personal preferences.

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task achievement
While you have clearly stated the advantages and disadvantages of renting a home, consider expanding on your points with additional details. Providing more depth to your examples would strengthen your arguments.
coherence and cohesion
The introduction and conclusion effectively summarize your main points, but the linking phrases between paragraphs could be improved for smoother transitions. This will enhance the flow of your essay.
content
Your essay presents a balanced view of the topic, discussing both the positives and negatives of renting a home.
support
You have included relevant examples to support your points, which adds credibility to your arguments.

Your opinion

Don’t put your opinion unless you are asked to give it.

If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

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

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Topic Vocabulary:
  • financial commitment
  • down payment
  • initial costs
  • allocate resources
  • maintenance costs
  • mobility
  • relocate
  • market fluctuations
  • property value
  • building equity
  • appreciate in value
  • asset
  • personalization
  • restrictions
  • rental increases
  • lease renewal
  • financial instability
  • housing budgets
  • long-term security
  • landlord
  • lease agreement
  • equity
  • substantial
  • property ownership
  • property market
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