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

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

Across the globe, a plethora of individuals have debated about the type of housing some people choose to live. Meanwhile, some people tend to think that it is much better to have a rented accommodation than buying their own. Thus, the objective of this essay is to discuss the positive and negative effects of the leasing. To begin with, the main merits of renting a house are that it is cost-saving and ideal for those who live in certain areas temporarily. Having a leased accommodation means that it can be an economically sound option while people have to provide themselves with several other necessities such as buying products and paying for accommodation. In addition to its advantages, it can be the best option for those who are going to live in the country for a short period of time. For instance, instead of buying a building for living in places where universities are located, students are simply able to live together and share the price for this. With respect to the drawbacks of living in leased houses, it is the fact that it is not the best investment and the need to pay to owner for some occasions. It conclusively means the amount of money spent on renting in total for numerous years is approximately equal to the average price of houses. Another downside reveals that people can experience damaging one’s own furniture, thus, they have to compensate it. Furthermore, it is intuitively obvious that they even may spend their money on renovation and do up a building. To conclude from the aforementioned points, while people can benefit from renting a home as it is an affordable and short-term variant, the disadvantages of this can contribute to a waste of spent money and potential expenses in terms of renovation.

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some
You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 choose to You use this word too often, consider replacing it withalive
live
. Meanwhile, This phrase/word is too simple and can be replaced with:a number of
some
You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 tend to This phrase/word (depending on the context) can be potentially replaced with :reckonassumebelieveconsider
think
 that it is much better to have a rented accommodation than buying their This phrase/word (depending on the context) can be potentially replaced with :possess
own
. Thus
, the objective of this essay is to discuss the 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
 effects of the leasing.

To This phrase/word (depending on the context) can be potentially replaced with :initiatecommence
begin
 with, the main merits of renting a This phrase/word (depending on the context) can be potentially replaced with :residence
house
 are that it is cost
-saving and ideal for those who You use this word too often, consider replacing it withalive
live
 in certain areas temporarily
. Having a leased accommodation means that it can be an economically
 sound option while You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
This phrase/word is too simple and can be replaced with:ought to
have to
 provide themselves with several other necessities such as buying products and paying for accommodation. In addition
 to its advantages, it can be the best option for those who are going to You use this word too often, consider replacing it withalive
live
 in the country for a short period of time. For instance
, instead
 of buying a building for living in places where universities are located
, students are simply
 able to You use this word too often, consider replacing it withalive
live
 together and share the price for this.

With respect to the drawbacks of living in leased This phrase/word (depending on the context) can be potentially replaced with :residences
houses
, it is the fact that it is not the best investment and the need to pay to owner for This phrase/word is too simple and can be replaced with:a number of
some
 occasions. It conclusively
 means the amount of money spent on renting in total for numerous years is approximately equal to the average price of This phrase/word (depending on the context) can be potentially replaced with :residences
houses
. Another downside reveals that You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 can experience damaging one’s This phrase/word (depending on the context) can be potentially replaced with :possess
own
 furniture, thus
, they This phrase/word is too simple and can be replaced with:ought to
have to
 compensate it. Furthermore
, it is intuitively
 obvious that they even may spend their money on renovation and do up a building.

To conclude
 from the aforementioned points, while You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 can benefit from renting a home as it is an affordable and short-term variant, the disadvantages of this can contribute to a waste of spent money and potential expenses in terms of renovation. 