While some individuals prefer rented accommodation in some countries, others believe that purchasing own house is more beneficial. Although renting houses could include fewer maintenance costs and property taxes, it does not provide the comfort of owning a house. In my opinion, staying in the rented house is invaluable when compared to owning a house despite its positive reasons.
The greatest benefit of the rented accommodation is that people need not pay property taxes, mortgage interests and maintenance. This is advantageous for those to keep their expenses under budget. In addition, individuals with higher chance of frequent house shifting based on their job parameters, opt for rented houses. For instance, people who shift to other states or countries on job purposes will not be able to find sufficient time to check their own house needs and on the tenants who may reside in the future.
On the other hand, owning a house is having a property for ourselves which can be passed to the next generation and paying taxes or interests is worthwhile. Moreover, rented accommodation does not provide the necessary comfort because one need to explain themselves of their behaviour or the house which landlords ask for. To illustrate, owners suggest few terms and conditions for the people who move in to the house and should therefore abide to the rules which could be frustrating.
To conclude, rental accommodation has both benefits and drawbacks in equal proportions. Even though it reduces maintenance and property tax costs, ultimately having comfort, possession and freedom of their own is more vital for an individual.
While
some
individuals prefer rented
accommodation
in
some
countries, others believe that purchasing
own
house
is more beneficial. Although renting
houses
could include fewer maintenance costs and
property
taxes
, it does not provide the comfort of owning a
house
. In my opinion, staying in the rented
house
is invaluable when compared to owning a
house
despite its
positive
reasons.
The greatest benefit of the rented
accommodation
is that
people
need not pay
property
taxes
, mortgage interests and maintenance. This is advantageous for those to
keep
their expenses under budget.
In addition
, individuals with higher chance of frequent
house
shifting based on their job parameters, opt for rented
houses
.
For instance
,
people
who shift to other states or countries on job purposes will not be able to find sufficient time to
check
their
own
house
needs and on the tenants who may reside in the future.
On the other hand
, owning a
house
is having a
property
for ourselves which can
be passed
to the
next
generation and paying
taxes
or interests is worthwhile.
Moreover
, rented
accommodation
does not provide the necessary comfort
because
one need to
explain
themselves of their
behaviour
or the
house
which landlords
ask for
. To illustrate, owners suggest few terms and conditions for the
people
who
move
in to the
house
and should
therefore
abide to the
rules
which could be frustrating.
To conclude
, rental
accommodation
has both benefits and drawbacks in equal proportions.
Even though
it
reduces
maintenance and
property
tax
costs,
ultimately
having comfort, possession and freedom of their
own
is more vital for an individual.