Some people prefer renting than buying a home. What are the advantages and disadvantages of renting your home?
It is true that a majority of people have to rent a house for their living. This phenomenon has been had both benefits and drawbacks.
On the on hand, hiring a house may be a moderate solution. Firstly, this enable the life of tenants to be in comfort. When they make a living in a cosmopolis, where the cost of renting a house are likely to be more reasonable than that of buying a house, the hirer also have more opportunities for receiving advanced services such as healthcare systems, education for children or entertainment. Secondly, a renting house would increase the quality of life. In comparison with building a house, which individuals find difficulty to equip their house with full and modern facilities, a hiring house allows the renter to live in a fully furnished apartment. For example, Vietnamese young couples, who have just married and working in industrial zones, tend to seek apartments for rent with modern facilities for living instead of buying a flat.
On the other hand, someone who rents a house also confront with several drawbacks. The first disadvantage is that they might be put under the pressure of financial problems. It is no doubt that dwelling expenses have significant impact on the income of renters. This causes current concern to people, which may influent to their mental health. Another drawback is that the life of the tenant are likely to increase the risk of losing properties. Tenants, who live far from hometown, tend to leave the renting house for a long period time in vacations. Therefore, those events facilitate criminals to commit crimes.
In conclusion, although hiring a house have many benefits, this also brings a number of drawbacks.