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In many countries, people would rather rent a house instead of buying one. Describe both advantages and disadvantages.

In many countries, people would rather rent a house instead of buying one. Describe both advantages and disadvantages. G71Q

Over the last few decades there have been a significant increase in the usage of rented home. In most of the countries, nowadays, people prefer to hire a house even if they could own a new one. This essay will discuss both the merits and demerits of this concept. On the one hand, in concern with the money and maintenance, leased residence will be more advantageous than buying a new one. Even if there were a monthly payment, it would be affordable for people. Because of this they can make a saving without any major stress. Moreover for a rented house, the owner will be responsible for all the renovation and repair works. Though it was a hired one, it can be possible to shift the home according to our convenience. For instance, as I was a renter for last five years, it would be easier for me to change the building as per my job location. On the other hand, even if there were difficulties in making money, own property would be an asset for future. Every month we have to arrange money as rent. In case of hiring, there will be a one year contract. After the contract, the landlord can decide whether you can want to continue or not. It can be observed that, during the next renewal the owner can increase the payment according to the market value. In addition to that, the permission from the possessor has to be taken for any kind of rearrangement. Having analysed the above fact, there should be some both positive and negative things for hiring and buying a home. In consideration with money and convenience people would show more interest for leasing rather than achieving a new house.

Over the last few decades there have been a significant increase in the usage of rented home. In most of the countries, nowadays, This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 prefer to hire a This phrase/word (depending on the context) can be potentially replaced with :residence
house
 even if they could This phrase/word (depending on the context) can be potentially replaced with :possess
own
 a new one. This essay will discuss both the merits and demerits of this concept.

On the one hand, in concern with the You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 and maintenance, leased residence will be more advantageous than buying a new one. Even if there were a monthly payment, it would be affordable for This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
. “Because” at the beginning of a sentence usually requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
Because
 of this they can This phrase/word (depending on the context) can be potentially replaced with :createconstructmanufactureproduce
make
 a saving without any major This phrase/word (depending on the context) can be potentially replaced with :accentuate
stress
. Did you forget a comma after a conjunctive/linking adverb?Moreover,
Moreover
 for a rented This phrase/word (depending on the context) can be potentially replaced with :residence
house
, the owner will be responsible for all the renovation and repair works. Though it was a hired one, it can be possible to shift the home according to our convenience. For instance
, as I was a renter for last five years, it would be easier for me to This phrase/word (depending on the context) can be potentially replaced with :alteradjust
change
 the building as per my job location.

On the other hand
, even if there were difficulties in making You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
, This phrase/word (depending on the context) can be potentially replaced with :possess
own
 property would be an asset for future. Every month we This phrase/word is too simple and can be replaced with:ought to
have to
 arrange You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 as rent. In case of hiring, there will be a When a number forms part of an adjectival compound, use a hyphen: "one-year"one-year
one year
 contract. After the contract, the landlord can decide whether you can want to continue or not. It can be observed
 that, during the next
 renewal the owner can increase the payment according to the market value. In addition
 to that, the permission from the possessor This phrase/word is too simple and can be replaced with:oughts to
has to
be taken
 for any kind of rearrangement.

Having Possible spelling mistake. 'analysed' is British English.analyzed
analysed
 the above fact, there should be This phrase/word is too simple and can be replaced with:a number of
some
 both This phrase/word is too simple and can be replaced with:beneficial
positive
 and This phrase/word is too simple and can be replaced with:adverse
negative
 things for hiring and buying a home. In consideration with You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 and convenience This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 would This phrase/word (depending on the context) can be potentially replaced with :demonstrateportrayindicatedisplay
show
 more interest for leasing rather
 than achieving a new This phrase/word (depending on the context) can be potentially replaced with :residence
house
. 