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In Some Countries, Most People Prefer To Rent Their Homes Rather Than Buying Them | Band 8 IELTS Essay Sample

In some countries, people show more interest in renting than buying a home. The advantages and disadvantages of this trend will be discussed in this essay. To start with, renting a home means a person is freed from paying mortgages, property taxes and undertaking maintenance of the house. Real estate prices are skyrocketing day by day. A recent study in the USA revealed that the annual rent for a house is 20 percent less than the combined cost of its rent and the property tax. As such, leasing a house is always affordable for the middle-class people. In addition, most employees get tax exemption for the amount they pay for their housing. Furthermore, leasing a house is generally convenient for professionals who have a transferable job. That will make their transfer from one city to another hassle-free. On the other hand, there are some demerits to staying in a rented residence. Firstly, the tenants do not enjoy the freedom to customize and renovate the house as per their wishes, unlike a homeowner. By contrast, if they are staying in an owned building, they have the liberty to paint the house, change the floor tile or furnish a cupboard. Moreover, they have to deal with miscellaneous problems such as intervention from homeowner, renewal of lease agreement and the annual revision of rent cost. Another important point is that the houses are considered as a long term investment. Instead of paying rent for their entire life, people can buy a home by making a small down payment and paying the remaining amount in easy monthly instalments. At the end of the loan tenure, they will be the proud owner of the property and at the same time, the value of the property would) have quadrupled. In conclusion, there are various benefits and drawbacks to leasing houses. People have to choose it carefully based on their financial status and personal preference.
In
some
countries,
people
show
more interest in renting than buying a home. The advantages and disadvantages of this trend will
be discussed
in this essay.

To
start
with, renting a home means a person
is freed
from paying mortgages,
property
taxes and undertaking maintenance of the
house
. Real estate prices are skyrocketing day by day. A recent study in the USA revealed that the annual
rent
for a
house
is 20 percent less than the combined cost of its
rent
and the
property
tax. As such, leasing a
house
is always affordable for the middle-
class
people
.
In addition
, most employees
get
tax exemption for the amount they pay for their housing.
Furthermore
, leasing a
house
is
generally
convenient for professionals who have a transferable job. That will
make
their transfer from one city to another hassle-free.

On the other hand
, there are
some
demerits to staying in a rented residence.
Firstly
, the tenants do not enjoy the freedom to customize and renovate the
house
as per their wishes, unlike a homeowner. By contrast, if they are staying in an
owned
building, they have the liberty to paint the
house
,
change
the floor tile or furnish a cupboard.
Moreover
, they
have to
deal with miscellaneous problems such as intervention from homeowner, renewal of lease agreement and the annual revision of
rent
cost. Another
important
point is that the
houses
are considered
as a long term investment.
Instead
of paying
rent
for their entire life,
people
can
buy
a home by making a
small
down payment and paying the remaining amount in easy monthly
instalments
. At the
end
of the loan tenure, they will be the proud owner of the
property
and at the same time, the value of the
property
would
)
have quadrupled.

In conclusion
, there are various benefits and drawbacks to leasing
houses
.
People
have to
choose it
carefully
based on their financial status and personal preference.
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IELTS essay In Some Countries, Most People Prefer To Rent Their Homes Rather Than Buying Them | Band 8 IELTS Essay Sample

Essay
  American English
4 paragraphs
318 words
5.5
Overall Band Score
Coherence and Cohesion: 5.0
  • 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: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.5
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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    Currently is not available
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