In some countries, people prefer to rent a house than buy one. What are the advantages

In some countries, people prefer to rent a house than buy one. What are the advantages and disadvantages of renting a property? hay nhất giúp bạn có thêm tài liệu tham khảo để viết bài luận bằng Tiếng Anh hay hơn.

In some countries, people prefer to rent a house than buy one. What are the advantages

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In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 1

In many countries, people still prefer to own their homes. However, many people prefer to rent rather than possess in the more developed countries because of affordability, property taxes, and maintenance expenses. Many people are migrating for jobs. Accordingly, it does not make much sense for them to stay anchored to a particular location by securing property there.

To start with, purchasing a property requires a great deal of money and the skyrocketing price in big cities makes it impossible for many to own a home for many people. As a result, these people naturally rent an apartment or condo, or studios. There are certain advantages to living in a rented apartment. First of all, the person does not have to pay a considerable sum of money at a time and does not need to deliver housing taxes and bear maintenance costs. Moreover, such people can change their living place based on the location of their workplace and children’s school. The renovation of the place is the landlord’s responsibility, and the tenants do not require to worry about it.

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Alternatively, the real beneficiary is the house owner. There is no solidity as the person has to move from one place to another after the expiration of the lease contract. Consequently, it increases the expenditure of packing and moving to other sites. Moreover, the person who leases the area has to bear restrictions, such as not modifying the place according to their requirements and prohibition on keeping a pet.

There are both advantages and drawbacks of rental accommodation in equivalent proportion to recapitulate. Though it lessens the expense of maintenance, in some cases, it leads to a reduced sense of home security.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 2

As shelter is an essential factor in a person’s life, every person dreams of owning one. However, in a few countries people are more likely to rent a home rather than buying one. While renting a home can be beneficial in some cases, it is not free from drawbacks.

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The foremost advantage of renting a home instead of owning one is that it requires less investment. Unlike buying a home which requires huge investment, renting is comparatively cheaper and also it provides a chance for the individual to reside in a house in premium area which would otherwise cost a lump sum if bought. Another advantage of a rented accommodation is high mobility. It is easy to shift out of a rented accommodation as it requires only a prior notice of around a month and a person can change his home or locality easily without much difficulty and this type of residence is particularly suitable for people requiring frequent change of residence due to transfers in employment.

However, tenancy is not free from limitations. Even though a person advances money in the form of rent, it does not transfer the legal ownership of the property to the tenant and therefore such payments would only account to an expense rather than an investment. Moreover, as such properties are lent on a contract of temporary nature, the tenant may be compelled to abide by some rules, and it also restricts a person from making any renovation or alteration to the property based on his needs and interest. He may also become liable in some situation if the property gets damaged. This can impose limits on the freedom of a person.

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In conclusion, residential preference of people has changed a lot these days.  Most of the people today choose to rent a home rather than owning one in some countries. Though such type of residency has a lot of privileges, it also has a few downsides.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 3

Renting a home has become increasingly popular in many countries, with people opting for the flexibility and financial benefits it offers. However, there are also drawbacks to renting that should be considered before making a decision.

One of the main advantages of renting a home is the flexibility it provides. Renters have the freedom to move to different locations without the hassle of selling a property. This is particularly beneficial for individuals who need to relocate frequently for work or personal reasons. Additionally, renting a home often requires less upfront costs compared to buying, as there is no need for a large down payment or ongoing maintenance expenses.

On the other hand, there are several disadvantages to renting a home. One of the most significant drawbacks is the lack of long-term financial security. Renters are subject to potential rent increases and the risk of eviction if the landlord decides to sell the property. Furthermore, renters do not have the opportunity to build equity in a property, which is a key benefit of homeownership.

Another disadvantage of renting is the limited control over the living space. Renters may be restricted in making changes or improvements to the property, and they are often at the mercy of the landlord for maintenance and repairs. This lack of control can be frustrating for individuals who want to personalize their living environment.

In conclusion, renting a home offers flexibility and lower initial costs, but it comes with the risk of financial insecurity and limited control over the living space. Ultimately, the decision to rent or buy a home depends on individual circumstances and priorities.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 4

A safety and security that a house provides is one of the biggest priorities among people these days. But for some, there is another aspect of a house because investing in one is the biggest financial decision, so they are contended by staying a place on lease. I will discuss the merits and demerits of renting a property in the forthcoming paragraphs.

There could be several factors why majority of people prefer living as a tenant. Primarily, people who are not certain about investing high monetary resources on property find it suitable to rent. Renting a property is advantageous mainly because it provides easy mobility and relocation especially when one is not sure about their stay in a particular city. Additionally, the responsibility and accountability like maintenance and repair are shared between the tenant and the landlord.

Alternatively, the real beneficiary is the owner of the house as the tenant does not get any return on the property. There is no stability as the person has to move from one place to another after the expiration of lease agreement. Furthermore, it increases the expenditure of packing and moving to the other place Moreover, the person who leases the place has to bear restrictions, such as not being able to modify the property according to their requirements and prohibition on keeping a pet.

To recapitulate, there are both benefits and drawbacks of rental accommodation in equivalent proportion. Though it reduces the expense of maintenance, in some cases, it leads to reduced sense of home security.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 5

Instead of purchasing a home for themselves, people in some countries are choosing to be lifelong tenants. While this trend can bring some certain drawbacks, I still believe that the benefits are more significant.

There are several disadvantages of living in rented homes, and the first obvious one is associated with financial problems. To be more specific, when people opt for renting a home, they must cover a massive amount of monthly expenses namely electricity and water bills, which are in fact, extremely expensive in Southeast Asian countries like Vietnam. Doing this might discourage them from saving money, which makes them struggle to earn their living and support their families. Besides, when agreeing to rent a home, people need to follow certain rules set out by the landlord. For this reason, they always have to ask for permission if they want to have guests coming over or put up decorations in their room. This not only can cause numerous troubles for tenants, but also take away their own freedom to do anything they like.

Nevertheless, I still think that the benefits brought outweighed such drawbacks. To begin with, it is undeniable that the price of real estate nowadays has become outrageously high, exceeding the financial ability of average people in some countries. Therefore, by choosing to rent an apartment rather than buying a house, people with low income do not need to spend almost 30 years trying to pay their bank loan. This helps to reduce financial pressure, which allows them to enjoy their life as much as they can. Another advantage of renting apartment is that tenants can be free from restriction, which means they are allowed to move from one place to another, especially those near their workplace. This is especially true of situations where people get stuck in troublesome neighborhood or suffer from financial crisis.

In short, although renting a place to live can be disadvantageous at some points, I would argue that the benefits are more obvious.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 6

Very often people choose to rent a house rather than buy it. The main reasonfor this decision is the uncontrollable property price. I will discuss someadvantages and disadvantages in the following paragraph.

Firstly, speaking about the advantages of renting a house, we should mentionthat you will be much more mobile. Depending on which part of the city you needan apartment, you choose a place to rent. If you have changed your place of work, then you are just looking for a new place and move. Secondly, rented housing ismuch more affordable and much cheaper. Especially when it comes to those caseswhen apartments are rented together with friends.

But there are also disadvantages of renting a house. You will have to dealwith rent increases on a regular basis. Also, you will not be able to arrange theapartment on your own. No repairs, purchase of new furniture, or re-wallpaperingcan be done without the permission. In addition, at any moment you may be askedto vacate the apartment. Perhaps the owner will decide to sell the house or willcome to the conclusion that you are not good enough for his apartment, or maybesomeone will simply offer him more money for rent.

In conclusion, those who are in the decision-making process should carefullyweigh the pros and cons before making a decision. In my opinion, the onlysignificant disadvantage of buying a house is its cost. Therefore, we have to admitthe undoubted advantage of renting a house.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 7

Choosing a place to live in, and whether to rent or own it is a major decision. Many people prefer to own a house rather than to live in a rented apartment while others choose to do exactly the opposite. Both have their own benefits and demerits. However, I believe that owning a house has far more advantages than renting an apartment.

To commence with, people often rent a house because purchasing a property requires a huge sum of money and the skyrocketing property prices in big cities make it impossible for many to own a house. These people naturally rent an apartment. There are certain advantages to living in a rented apartment. First of all, the person does not have to pay a large amount of money or pay housing taxes and bear the costs of maintenance. Moreover, such people can change their living places based on the location of their workplace and children’s school. The renovation of the apartment is the landlord’s responsibility, and the tenants do not need to worry about it.

On the contrary, owning a house gives a sense of personal achievement that tenants cannot enjoy. A house is a permanent asset, and over time, its price increases giving the owner a substantial return on the investment. The landlord can rent out the house to others and this can be a steady source of earnings for him or her. Furthermore, being the owner of a house means there is no one over the shoulder to watch what someone is doing and no sudden notice of evacuation. For instance, we had to vacate our apartment all of a sudden at least thrice until we purchased our own house a decade earlier. This is some sort of freedom that only houseowners enjoy.

To conclude, renting a flat has some benefits but the overall freedom and monetary compensations house owners enjoy are far more significant, and this is why every tenant dreams of owning a house someday.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 8

The decision to rent or buy a house is a major consideration for many individuals and families. While some prefer the flexibility of renting, others see the long-term financial benefits of buying a home. In this essay, I will discuss the advantages and disadvantages of renting a house over owning one. Personally, however, I believe that renting a house is a far better choice, especially in cities.

One advantage of renting a house is the flexibility it provides. Renters can easily move from one place to another without worrying about selling their property. Additionally, renting can be more affordable than buying, as tenants do not have to worry about the large upfront costs associated with purchasing a home, such as a down payment and closing costs. Besides, homeowners are responsible for all the maintenance and repairs on the property, which can be costly and time-consuming while renters do not have to worry about it at all.

However, there are also several disadvantages to renting a property. Tenants do not build equity in the property they are living in, and the rent can often increase each year, making it harder to budget and plan for the future. They also do not have the same level of control over the property as homeowners, as they must follow the rules set by the landlord. Additionally, owning a home provides a sense of stability and security that renting cannot offer. 

In conclusion, renting and buying a house have their advantages and disadvantages. However, renting a property involves less upfront and maintenance costs, and the freedom to move to another location when required. This is why I prefer renting a property to buying one.

In some countries, people prefer to rent a house than buy one. What are the advantages - mẫu 9

Choosing a place to reside in and whether to lease it or possess it is a significant choice to make. Many folks would rather get home instead of residing in a rented flat while many others opt to perform the contrary. I feel that owning a home has much more benefits than leasing a flat.

To start with, we frequently rent a home because buying a property needs a whole lot of cash and the skyrocketing cost in large towns which makes it impossible for most to dream of getting a home. These folks lease a flat. There are particular benefits of residing in a rented flat. To start with, the individual does not need to pay a massive amount of money at one time and does not have to cover taxes and keep the expenses of upkeep. Additionally, such individuals can alter the living area dependent on the area of the office and children’s faculty. The renovation of this flat is your landlord’s duty, and the renters do not have to be anxious about doing it.

To the contrary, having a home gives a feeling of personal accomplishment that renters cannot appreciate. A home is a permanent strength and also time its cost rises. The landlord could rent the house, which may be a continuous source of earning. Additionally, being the owner of a home means there is not anyone within the shoulder to observe what somebody is doing without a surprising note for evacuation. For example, we needed to empty our flat all the sudden at thrice till we bought our own home a decade before. This is superb liberty which just house owners possess. However, the proprietor can assemble the home how he enjoys and appreciates open area, garden, along with other amenities at home.

In conclusion, leasing a flat has a few advantages, but the general liberty and financial compensations homeowners like are far important, and that is the reason why every tenant wishes to have a home someday.

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