Housing is the basic necessity of human beings. Nowadays, In most of the nation, the majority of individuals like to rent their homes instead of purchasing them. There are a lot of benefits and drawbacks to renting a house. I will discuss both the upsides and downsides of renting a home in the upcoming paragraphs
On the one side, there are some benefits to renting the home rather than purchasing them. The first and foremost benefit is that renting a house is far easier than buying a home for the people who belong to poor families because they are not able to buy a home in a huge amount so it is easier to pay in monthly rent instalments. The second benefit is that the people who live far from their families in international countries for their studies as well as jobs so they live in that country on a temporary visa so they always prefer to pay rent a home. For instance, In Canada, most of the International students rent a house due to the burden of student expenses as well as grocery
On the other hand, there are some disadvantages to renting a house. The main drawback is that renting a house is a huge expenditure of money rather than buying a house in the form of a loan is far better because it will give you property of that house so they can use this in their ups and downs of their life. Furthermore, everyone has great memories with their loving homes so if anyone is the owner of their home they can feel more relaxed rather than living in a renting house
To conclude, renting a house can prove beneficial for some people so there are a lot of positives and negatives of renting a house which I discussed above
Housing is the basic necessity of human beings. Nowadays, In most of the nation, the majority of individuals like to
rent
their
homes
instead
of purchasing them. There are
a lot of
benefits
and drawbacks to
renting
a
house
. I will discuss both the upsides and downsides of
renting
a home in the upcoming
paragraphs
On the one side, there are
some
benefits
to
renting
the home
rather
than purchasing them. The
first
and foremost
benefit
is that
renting
a
house
is far easier than buying a home for the
people
who belong to poor families
because
they are not able to
buy
a home in a huge amount
so
it is easier to pay in monthly
rent
instalments
. The second
benefit
is that the
people
who
live
far from their families in international countries for their studies
as well
as jobs
so
they
live
in that country on a temporary visa
so
they always prefer to pay
rent
a home.
For instance
, In Canada, most of the International students
rent
a
house
due to the burden of student expenses
as well
as
grocery
On the other hand
, there are
some
disadvantages to
renting
a
house
. The main drawback is that
renting
a
house
is a huge expenditure of money
rather
than buying a
house
in the form of a loan is far better
because
it will give you property of that
house
so
they can
use
this in their ups and downs of their life.
Furthermore
, everyone has great memories with their loving
homes
so
if anyone is the owner of their home they can feel more relaxed
rather
than living in a
renting
house
To conclude
,
renting
a
house
can prove beneficial for
some
people
so
there are
a lot of
positives and negatives of
renting
a
house
which I discussed above