I have an essay on this subject:
Many people prefer to rent a house rather than buying one. Describe the advantages and disadvantages for renting.
Nowadays many people prefer renting a house to buying one, because they think it is cheap and they don't have to spend several years, saving money to buy a house.
I am sure that most people can afford to rent a house and after they move in the house thay needn't worry about furnishing, painting and repairing the house, because it has already been done by the owners. However, most people don't realise that renting a house can cost as much as buying a new one. Moreover if there is a damage such as a cracked wall or flood they will be responsible for fixing the problem. If you add the loan and all kinds of expenses for one year you will get the total amount of money you spent on living in a rented house and you can see whether it is worth it or not.
Personally I think it is better to buy your own house, but after you are confident that you have the required money for all taxes. I am sure many people experienced moving to another city or a country and they were forced to live in a rented house, because of lack of money or low paid job.
My final advice is that if you have friends or relatives I strongly recommend to live with them if it is possible and after you save enough money for buying a house you can pay favor back.
All of this leads me to the conclusion that it is not necessary to rent a house, but if you don't have any other options then it would be better to rent a small and cheap house in order to have the opportunity to save money to buy a house.
Many people prefer to rent a house rather than buying one. Describe the advantages and disadvantages for renting.
Nowadays many people prefer renting a house to buying one, because they think it is cheap and they don't have to spend several years, saving money to buy a house.
I am sure that most people can afford to rent a house and after they move in the house thay needn't worry about furnishing, painting and repairing the house, because it has already been done by the owners. However, most people don't realise that renting a house can cost as much as buying a new one. Moreover if there is a damage such as a cracked wall or flood they will be responsible for fixing the problem. If you add the loan and all kinds of expenses for one year you will get the total amount of money you spent on living in a rented house and you can see whether it is worth it or not.
Personally I think it is better to buy your own house, but after you are confident that you have the required money for all taxes. I am sure many people experienced moving to another city or a country and they were forced to live in a rented house, because of lack of money or low paid job.
My final advice is that if you have friends or relatives I strongly recommend to live with them if it is possible and after you save enough money for buying a house you can pay favor back.
All of this leads me to the conclusion that it is not necessary to rent a house, but if you don't have any other options then it would be better to rent a small and cheap house in order to have the opportunity to save money to buy a house.
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