Globally, people tend to rent houses than buying them. This action of course has disadvantages and advantages. This essay will discuss both of these sides.
On one hand, stability is a nice and relief thing. People prefer to be stable by having their own house. Buying a house can reduce the high living costs due to the fact that renting a house is very expensive. For instance, here in Kuwait, the salaries average is 1000 KWD, and the minimum cost of renting an apartment is 400 KWD, then he will be left out with 600 KWD only, on the contrary, if the person bought his own house he will be a relief with his all salary. In addition, owning a house can help to integral and intellectual development.
On the other hand, some other people love changes and do not like commitments. Renting houses can make it easier to change, either the house itself or the country. For example, if someone had a better job in a different country it is much easier to move if he was living in a rented house. Moreover, the big cities already overcrowded and it does not have enough space to accommodate such a huge amount of people. For an instant, 56% of the world population lives in cities.
To conclude, although the advantages of buying houses are definitely overcome the disadvantages, most people choose to leave on the rent due to the uncertainty of life.
Globally,
people
tend to rent
houses
than buying them. This action
of course
has disadvantages and advantages. This essay will discuss both of these sides.
On one hand, stability is a nice and relief thing.
People
prefer to be stable by having their
own
house
. Buying a
house
can
reduce
the high living costs due to the fact that renting a
house
is
very
expensive.
For instance
, here in Kuwait, the salaries average is 1000 KWD, and the minimum cost of renting an apartment is 400 KWD, then he will be
left
out with 600 KWD
only
,
on the contrary
, if the person
bought
his
own
house
he will be a relief with his all salary.
In addition
, owning a
house
can
help
to integral and intellectual development.
On the other hand
,
some
other
people
love
changes
and do not like commitments. Renting
houses
can
make
it easier to
change
, either the
house
itself or the country.
For example
, if someone had a better job in a
different
country it is much easier to
move
if he was living in a rented
house
.
Moreover
, the
big
cities already
overcrowded and
it does not have
enough
space to accommodate such a huge amount of
people
. For an instant, 56% of the world population
lives
in cities.
To conclude
, although the advantages of buying
houses
are definitely overcome the disadvantages, most
people
choose to
leave
on the rent due to the uncertainty of life.