Some people prefer to rent accommodations while others buy their own home. Does renting a house or apartment have more advantages than buying one?

Essay topics:

Some people prefer to rent accommodations while others buy their own home. Does renting a house or apartment have more advantages than buying one?

Few believe renting a home is better than buying one of their own. I believe, renting accommodation is safer and profitable than owning a one. Let’s discuss both the advantages and disadvantages of this topic in the below passage.

Buying a house has a few advantages in the sense of holding a secured property in the hands. The property will be helpful for applying a loan from the Banks and Insurance companies with a reasonable amount of interest by keeping the documents as a security. Having a house of our own also reduce the hassle of paying rent every month and eliminates the pain of rules imposed by the owners. For example, My manager recently has purchased a villa of his own and enjoying his life by swimming in his private pool and partying every week with his close relatives.

On the other end, Renting has more advantages than buying a new one. Living in a rental accommodation instead of buying keeps the person in a safer position. Purchasing a house may lead to many troubles if there isn’t enough money to invest or opting a loan for it requires a person to pay the installment amount for several years which is very troublesome. A survey report from Bloomberg stated that more than 30 percent of the people suffering to pay the monthly loan installments and 20 percent of them already filed a bankruptcy to relieve from the burden. One of my friend diversified his saving's in mutual funds and commodities instead of buying an asset for living, consecutively every year he is now seeing 25% margins in returns.

To conclude, even though few people has interest to buy a home, it’s always better to go for a rental accommodation which reduces a lot of burden on their own shoulders. People opt for rent will not have the authority, but it at least save’s money in the pocket.

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Average: 8.4 (1 vote)
This essay topic by users
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2019-12-10 feroz121 84 view
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Grammar and spelling errors:
Line 9, column 169, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...e person in a safer position. Purchasing a house may lead to many troubles if the...
^^

Transition Words or Phrases used:
also, but, if, may, so, at least, for example

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

Performance on Part of Speech:
To be verbs : 5.0 13.1623246493 38% => More to be verbs wanted.
Auxiliary verbs: 3.0 7.85571142285 38% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 3.0 7.30460921844 41% => More relative clauses wanted.
Pronoun: 17.0 24.0651302605 71% => OK
Preposition: 43.0 41.998997996 102% => OK
Nominalization: 6.0 8.3376753507 72% => OK

Performance on vocabulary words:
No of characters: 1513.0 1615.20841683 94% => OK
No of words: 318.0 315.596192385 101% => OK
Chars per words: 4.75786163522 5.12529762239 93% => OK
Fourth root words length: 4.22286093782 4.20363070211 100% => OK
Word Length SD: 2.75898731356 2.80592935109 98% => OK
Unique words: 179.0 176.041082164 102% => OK
Unique words percentage: 0.562893081761 0.561755894193 100% => OK
syllable_count: 476.1 506.74238477 94% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 49.5042772838 49.4020404114 100% => OK
Chars per sentence: 108.071428571 106.682146367 101% => OK
Words per sentence: 22.7142857143 20.7667163134 109% => OK
Discourse Markers: 3.21428571429 7.06120827912 46% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.359319906678 0.244688304435 147% => OK
Sentence topic coherence: 0.14741124842 0.084324248473 175% => OK
Sentence topic coherence SD: 0.137371259731 0.0667982634062 206% => The coherence between sentences is low.
Paragraph topic coherence: 0.236877729575 0.151304729494 157% => OK
Paragraph topic coherence SD: 0.0917600759102 0.056905535591 161% => OK

Essay readability:
automated_readability_index: 12.3 13.0946893788 94% => Automated_readability_index is low.
flesch_reading_ease: 57.61 50.2224549098 115% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 10.7 11.3001002004 95% => OK
coleman_liau_index: 10.62 12.4159519038 86% => OK
dale_chall_readability_score: 8.6 8.58950901804 100% => OK
difficult_words: 78.0 78.4519038076 99% => OK
linsear_write_formula: 8.5 9.78957915832 87% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?

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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 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.