Renting things is becoming very common practice these days. In some countries, most people only prefer to rent their homes instead of buying them. This essay will discuss the advantages and disadvantages of doing so.
There can be two primary advantages of taking house on lease. Firstly, this is very convenient as a person doesn't have to worry about anything. Jobs nowadays demands transferring the employee's from one city to another, so this becomes a very easy solution. For example, the folks working in government organizations needs shifting every 3 to 4 years, hence they cannot buy a house and settle in single city. Secondly, this is more cost effective than getting a house on your name because in this case you only have to pay the rent than giving a lumpsum amount to the seller. Indeed, in a recent survey by the Times of India newspaper, only 40% of the folks believe in buying a house. Overall, leasing is a much simple and light on your pocket experience than purchasing.
On the other hand, there can be some disadvantages also for getting house on lease. Although, it is convenient but the property is not yours so tenants can be asked to vacate with a single month notice. For instance, mostly the owner of the house keeps visiting and once they find a point to blame, tenants could be asked to vacate immediately with a legal notice. The other main demerit is, with increasing demands of accommadation, the amount someone pays to the owner has come much closer to the bank EMIs for housing loans. A recent survey showed the masses are more inclined on taking loans for their homes than they were in the past. Even though lease is on trend but sometimes purchasing your on home becomes a good option.
In conclusion, as much as paying rent for your home is cost efficient and convenient still people likes to have their own house or apartment. This essay discussed the positive and negative points of living in a rented apartment and having one's own house. 
Renting things is becoming  
very
 common practice these days. In  
some
 countries, most  
people
  only
 prefer to rent their  
homes
  instead
 of buying them. This essay will discuss the advantages and disadvantages of doing  
so
.
There can be two primary advantages of taking  
house
 on lease.  
Firstly
, this is  
very
 convenient as a person doesn't  
have to
 worry about anything. Jobs nowadays demands transferring the employee's from one city to another,  
so
 this becomes a  
very
 easy solution.  
For example
, the folks working in  
government
 organizations needs shifting every 3 to 4 years,  
hence
 they cannot  
buy
 a  
house
 and settle in single city.  
Secondly
, this is more cost effective than getting a  
house
 on your name  
because
  in this case
 you  
only
  have to
 pay the rent than giving a  
lumpsum
 amount to the seller.  
Indeed
, in a recent survey by  
the Times of India
 newspaper,  
only
 40% of the folks believe in buying a  
house
.  
Overall
, leasing is  
a much
 simple and light on your pocket experience than purchasing. 
On the other hand
, there can be  
some
 disadvantages  
also
 for getting  
house
 on lease. Although, it is convenient  
but
 the property is not yours  
so
 tenants can  
be asked
 to vacate with a single month notice.  
For instance
,  
mostly
 the owner of the  
house
  keeps
 visiting and once they find a point to blame, tenants could  
be asked
 to vacate immediately with a legal notice. The other main demerit is, with increasing demands of  
accommadation
, the amount someone pays to the owner has  
come
 much closer to the bank  
EMIs
 for housing loans. A recent survey  
showed
 the masses are more inclined on taking loans for their  
homes
 than they were in the past.  
Even though
 lease is on trend  
but
  sometimes
 purchasing your on home becomes a  
good
 option. 
In conclusion
, as much as paying rent for your home is  
cost efficient
 and convenient  
still
  people
  likes
 to have their  
own
  house
 or apartment. This essay discussed the  
positive
 and  
negative
 points of living in a rented apartment and having one's  
own
  house
.