Essay: What´s better to rent a flat or to buy one?
Over the last 30 years there has been much controversy as to whether it is better to rent a flat or to buy one. Many argue that buying a flat is by far the best option, while others claim that renting a flat has more pros than cons. In this essay, I will analyze the pros and cons in order to come to a conclusion.
Undoubtedly, buying a flat can be a great way to be your house owner and to decorate with your personal style. It´s a well known fact that buying a flat offers you the possibility of having something that is yours. There is also the cliché that buying a flat is great because you can sell it when you want and there is a grain of truth to it.
However, when analyzed in more detail, buying a flat can also be a great source of problems. If we look closer, we will realize that buying a flat isn´t actually all it is cracked up to be. For one thing, buying a flat may be a problem if you can´t pay the mortgage. We shouldn´t forget either that buying a flat could very easily lead to bankruptcy.
Besides, renting a flat offers you a far wider range of possibilities when it comes saving or if you need to move your house very often. Take for instance saving. Experience shows that if you need to spend money on other things and save, you should probably rent a flat rather than buying. Another major advantage is that if you need to leave your place, you can do it easily.
To sum up, even though buying a flat has some advantages like being your house owner or to decorate in your way, the fact that renting a flat allows you to save money, easily move you from home and spend money on other things, makes it quite clear that renting a flat constitutes the best option by far.
Over the last 30 years there has been much controversy as to whether it is better to rent a flat or to buy one. Many argue that buying a flat is by far the best option, while others claim that renting a flat has more pros than cons. In this essay, I will analyze the pros and cons in order to come to a conclusion.
Undoubtedly, buying a flat can be a great way to be your house owner and to decorate with your personal style. It´s a well known fact that buying a flat offers you the possibility of having something that is yours. There is also the cliché that buying a flat is great because you can sell it when you want and there is a grain of truth to it.
However, when analyzed in more detail, buying a flat can also be a great source of problems. If we look closer, we will realize that buying a flat isn´t actually all it is cracked up to be. For one thing, buying a flat may be a problem if you can´t pay the mortgage. We shouldn´t forget either that buying a flat could very easily lead to bankruptcy.
Besides, renting a flat offers you a far wider range of possibilities when it comes saving or if you need to move your house very often. Take for instance saving. Experience shows that if you need to spend money on other things and save, you should probably rent a flat rather than buying. Another major advantage is that if you need to leave your place, you can do it easily.
To sum up, even though buying a flat has some advantages like being your house owner or to decorate in your way, the fact that renting a flat allows you to save money, easily move you from home and spend money on other things, makes it quite clear that renting a flat constitutes the best option by far.