In some countries, most people prefer to rent their homes rather than buying them.
What are the advantages and disadvantages of renting a home?
In many nations, the majority of people choose to live in rented accommodations instead of buying them. It is advantageous to rent a home as this did not require a huge investment and sounds economical in the short term, and sometimes it has a downside effect as well.
The predominant advantage of renting a home is it does not involve a huge amount of money. In other words, rented accommodation comes at a very lesser price and does not impact an individual financially in the short term. Moreover, this enables an individual to save money for other purposes. In 2011, research has been carried by the Government of Canada and found that people who are residing in rented houses are saving money in a better way. Therefore, renting a home is beneficial as it does put a strain on money on an immediate basis.
As renting home provide an advantage to an individual to be economically strong in the short term it has the disadvantage of losing money regularly in the long run. This can be explained as when an individual rents a home and monthly rent does not contribute to the creation of any asset, and therefore, the amount of money gets wasted in the long run. A recent survey carried out by Bank of India has come up with statistical figures that individuals who rented a home for a long period generally comes in debt in the later stage of their life. Hence, renting a house for a longer period of time effect financially to an individual.
In conclusion, renting a house bring a lot of advantages and disadvantages depending on individual preferences and personality. As it is fruitful to an individual in the short term but affects negatively in the long run.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2023-10-09 | c0758910@mylambton.ca | 84 | view |
| 2021-11-22 | Niharika rani | 61 | view |
| 2021-06-24 | achilles05 | 67 | view |
| 2020-10-04 | rahipatel3011 | 67 | view |
| 2020-09-25 | Jane Mary | 78 | view |
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Grammar and spelling errors:
Line 4, column 1, Rule ID: SENTENCE_FRAGMENT[1]
Message: “As” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...rain on money on an immediate basis. As renting home provide an advantage to an...
^^
Line 4, column 384, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...long run. A recent survey carried out by Bank of India has come up with statistic...
^^
Line 4, column 584, Rule ID: PERIOD_OF_TIME[1]
Message: Use simply 'period'.
Suggestion: period
...fe. Hence, renting a house for a longer period of time effect financially to an individual. ...
^^^^^^^^^^^^^^
Transition Words or Phrases used:
but, hence, if, moreover, so, therefore, well, in conclusion, in other words
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 9.0 13.1623246493 68% => OK
Auxiliary verbs: 1.0 7.85571142285 13% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 13.0 24.0651302605 54% => OK
Preposition: 45.0 41.998997996 107% => OK
Nominalization: 4.0 8.3376753507 48% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1381.0 1615.20841683 85% => OK
No of words: 295.0 315.596192385 93% => More content wanted.
Chars per words: 4.6813559322 5.12529762239 91% => OK
Fourth root words length: 4.14434120667 4.20363070211 99% => OK
Word Length SD: 2.88616547749 2.80592935109 103% => OK
Unique words: 143.0 176.041082164 81% => More unique words wanted.
Unique words percentage: 0.484745762712 0.561755894193 86% => More unique words wanted or less content wanted.
syllable_count: 458.1 506.74238477 90% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 4.0 2.52805611222 158% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 39.5846781667 49.4020404114 80% => OK
Chars per sentence: 106.230769231 106.682146367 100% => OK
Words per sentence: 22.6923076923 20.7667163134 109% => OK
Discourse Markers: 5.84615384615 7.06120827912 83% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 3.0 5.01903807615 60% => OK
Sentences with positive sentiment : 6.0 8.67935871743 69% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.296741235517 0.244688304435 121% => OK
Sentence topic coherence: 0.125053124136 0.084324248473 148% => OK
Sentence topic coherence SD: 0.0721762021616 0.0667982634062 108% => OK
Paragraph topic coherence: 0.200332081627 0.151304729494 132% => OK
Paragraph topic coherence SD: 0.0475128493581 0.056905535591 83% => OK
Essay readability:
automated_readability_index: 12.0 13.0946893788 92% => Automated_readability_index is low.
flesch_reading_ease: 49.15 50.2224549098 98% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 11.9 11.3001002004 105% => OK
coleman_liau_index: 10.16 12.4159519038 82% => OK
dale_chall_readability_score: 8.31 8.58950901804 97% => OK
difficult_words: 67.0 78.4519038076 85% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 56.1797752809 out of 100
Scores by essay e-grader: 5.0 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.