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In some countries, most people prefer to rent their homes rather than buying them. What are the advantages and disadvantages of renting a home. v.8

In some countries, most people prefer to rent their homes rather than buying them. What are the advantages and disadvantages of renting a home. v. 8
It has been observed that in many countries, a large section of the society consider renting a house more beneficial than owning them because it becomes easier for them to move and they can maintain their liquidity also. However, renting a property has certain demerits as well. There is a plethora of merits of living on rent. Firstly, it gives people the convenience to move from one place to another without much hassle. In this dynamic world, human beings switch jobs frequently to move ahead in a career. For this, they have to shift their base from city to city and even to other countries as well. Renting an apartment will allow them to make these decisions quickly. Secondly, this will allow people to live without any cash crunch as their savings will not be blocked in buying a home. For instance, one of my friends has invested all his money in a home and he does not have liquid cash for the exigencies. Although, there are benefits of living on rent, but it has certain drawbacks too. One major issue is that, every time a person moves his house, he needs to buy the furniture as per the layout and the size of the new property. This results in wastage of a lot of money, if the movement is too frequent. Another disadvantage of living in a rented property is that, the amount of rent paid every month is wasted. It is an expenditure without any return. To illustrate, a person paying an EMI of loan is better than the other paying rent as he has an asset in his possession, whereas the latter does not enjoy the ownership of the house. Despite having many advantages renting a home has few disadvantages also such as a person may end up spending more on furnitures and fixtures and he will not get any monetary benefit in lieu of the rent paid to the owner.
It has
been observed
that in
many
countries, a large section of the society consider
renting
a
house
more beneficial than owning them
because
it becomes easier for them to
move and
they can maintain their liquidity
also
.
However
,
renting
a property has certain demerits
as well
.

There is a plethora of merits of living on
rent
.
Firstly
, it gives
people
the convenience to
move
from one place to another without much hassle. In this dynamic world, human beings switch jobs
frequently
to
move
ahead in a career. For this, they
have to
shift their base from city to city and even to other countries
as well
.
Renting
an apartment will
allow
them to
make
these decisions
quickly
.
Secondly
, this will
allow
people
to
live
without any cash crunch as their savings will not
be blocked
in buying a home.
For instance
, one of my friends has invested all his money in a
home and
he does not have liquid cash for the exigencies.

Although, there are benefits of living on
rent
,
but
it has certain drawbacks too. One major issue is that, every time a person
moves
his
house
, he needs to
buy
the furniture as per the layout and the size of the new property. This results in wastage of
a lot of
money, if the movement is too frequent. Another disadvantage of living in a rented property is that, the amount of
rent
paid every month
is wasted
. It is an expenditure without any return. To illustrate, a person paying an EMI of loan is better than the other paying
rent
as he has an asset in his possession, whereas the latter does not enjoy the ownership of the
house
.

Despite having
many
advantages
renting
a home has few disadvantages
also
such as a person may
end
up spending more on
furnitures
and
fixtures and
he will not
get
any monetary benefit in lieu of the
rent
paid to the owner.
8Linking words, meeting the goal of 7 or more
13Repeated words, meeting the goal of 3 or fewer
4Mistakes
The limits of my language are the limits of my world.
Ludwig Wittgenstein

IELTS essay In some countries, most people prefer to rent their homes rather than buying them. What are the advantages and disadvantages of renting a home. v. 8

Essay
  American English
4 paragraphs
324 words
6.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 5.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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