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

Essay topics:

In some countries, most of people prefer to rent their homes rather than buying them.

What are the advantages and disadvantages of renting a home?

In a span of last few decades, the costs of living have risen significantly - mostly in developed countries - so the increasing number of people who find renting properties as the best solution to live is not surprising. The question of whether to buy or rent a home is very topical today, as many people are struggling with financial issues.

In the beginning, the opponents of buying properties highlight the underlying argument which is enormous costs of buying a flat or a house in urban and busy cities, such as London. People who work or study in greater London are strongly connected with this particular area, which means they have to find a home in not a significant distance from it. Although the prices of properties outweigh people financial possibilities, so the only solution is to rent for their own or even share a flat with other tenants. This allows living not far away for petty money. Another argument in favour of renting a home is that people do not need to apply for credits, which could be limiting further investment. Moreover, those speculative investments can multiply tenants capital, which will make them wealthier.

Contrary to that, those who object to rent often argue that buying the property is a perfect way of investment. The credit instalment is usually proportional to monthly rental payment so that after paying back the credit, someone becomes a landlord. This situation will not occur accordingly to rental as after, for instance, 20 years of living tenants are left with nothing. Also, nowadays, the market for short-term rental is super popular. Furthermore, it can provide a tremendous source of incomes, as for the short-term, tourists will pay the higher rental price. However, the long-term profits of possessing the property are also impressive. The bigger number of properties the family have, the more of which children can inherit. The effort of one generation will bring up much goodness for the another.

In conclusion, I am inclined to believe that both options have their risks, although the advantages of possessing property far outweigh the disadvantages.

Votes
Average: 7.8 (1 vote)
This essay topic by users
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2020-01-10 joehunt 61 view
2019-10-14 kami.sol 78 view
2018-12-13 jessey 61 view
Essays by user kami.sol :

Comments

Grammar and spelling errors:
Line 3, column 222, Rule ID: WHETHER[3]
Message: Wordiness: Shorten this phrase to the shortest possible suggestion.
Suggestion: Whether; The question whether
...est solution to live is not surprising. The question of whether to buy or rent a home is very topical t...
^^^^^^^^^^^^^^^^^^^^^^^

Transition Words or Phrases used:
accordingly, also, furthermore, however, if, moreover, so, as for, for instance, in conclusion, such as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 9.0 7.85571142285 115% => OK
Conjunction : 5.0 10.4138276553 48% => More conjunction wanted.
Relative clauses : 13.0 7.30460921844 178% => OK
Pronoun: 17.0 24.0651302605 71% => OK
Preposition: 42.0 41.998997996 100% => OK
Nominalization: 13.0 8.3376753507 156% => OK

Performance on vocabulary words:
No of characters: 1785.0 1615.20841683 111% => OK
No of words: 347.0 315.596192385 110% => OK
Chars per words: 5.14409221902 5.12529762239 100% => OK
Fourth root words length: 4.31600926901 4.20363070211 103% => OK
Word Length SD: 2.81790553794 2.80592935109 100% => OK
Unique words: 198.0 176.041082164 112% => OK
Unique words percentage: 0.57060518732 0.561755894193 102% => OK
syllable_count: 538.2 506.74238477 106% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 9.0 2.52805611222 356% => Less articles wanted as sentence beginning.
Subordination: 4.0 2.10420841683 190% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK

Performance on sentences:
How many sentences: 17.0 16.0721442886 106% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 43.8873991737 49.4020404114 89% => OK
Chars per sentence: 105.0 106.682146367 98% => OK
Words per sentence: 20.4117647059 20.7667163134 98% => OK
Discourse Markers: 6.05882352941 7.06120827912 86% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 11.0 8.67935871743 127% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.179969834654 0.244688304435 74% => OK
Sentence topic coherence: 0.0532354643302 0.084324248473 63% => OK
Sentence topic coherence SD: 0.0639592003296 0.0667982634062 96% => OK
Paragraph topic coherence: 0.116586200256 0.151304729494 77% => OK
Paragraph topic coherence SD: 0.0746546549885 0.056905535591 131% => OK

Essay readability:
automated_readability_index: 13.0 13.0946893788 99% => OK
flesch_reading_ease: 51.18 50.2224549098 102% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 12.53 12.4159519038 101% => OK
dale_chall_readability_score: 9.18 8.58950901804 107% => OK
difficult_words: 100.0 78.4519038076 127% => OK
linsear_write_formula: 13.0 9.78957915832 133% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?

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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.