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 populace focusses on renting a house instead of purchasing. It is advantageous to live in rented accommodation as it is easily affordable, however, this has negative effects as no ownership and wealth are created.
On the positive side, renting an apartment is easily accessible. This is because the charges involved in leasing not demand huge savings but require only fewer upfront costs which can be easily managed. Moreover, all expenses involved in the repair and maintenance of the house are taken care of by the landlord, not the tenant. A recent survey carried out by Census Commissioner, under the Ministry of Home affairs depicted that majority of people who are residing in rented homes are more contented, because they are relieved from the stress of paying huge monthly installments and repairs.
On the negative side, monthly payment towards rent just put a hole in the pocket. This can be considered as paying huge monthly rentals only benefits the homeowners not landlords and the same amount can be utilized for making payment of mortgage loan. This results in wastage of hard-earned money which can be better utilized in the creation of wealth and owning a house. This is why the Tata Group of industries has initiated to provide loans to their employees with less interest, so that they can be benefitted in the long term with extended wealth.
In conclusion, renting a house bring a lot of advantages and disadvantages depending on individual preferences. Whereas it seems that people who don’t possess much savings feel renting as the better option while with better mortgage opportunities one can focus on wealth creation.
Post date | Users | Rates | Link to Content |
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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 3, column 372, Rule ID: ENGLISH_WORD_REPEAT_BEGINNING_RULE
Message: Three successive sentences begin with the same word. Reword the sentence or use a thesaurus to find a synonym.
... creation of wealth and owning a house. This is why the Tata Group of industries has...
^^^^
Line 4, column 159, Rule ID: MUCH_COUNTABLE[1]
Message: Use 'many' with countable nouns.
Suggestion: many
... it seems that people who don’t possess much savings feel renting as the better opti...
^^^^
Transition Words or Phrases used:
but, however, moreover, so, whereas, while, in conclusion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 14.0 24.0651302605 58% => OK
Preposition: 38.0 41.998997996 90% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1408.0 1615.20841683 87% => OK
No of words: 276.0 315.596192385 87% => More content wanted.
Chars per words: 5.10144927536 5.12529762239 100% => OK
Fourth root words length: 4.07593519647 4.20363070211 97% => OK
Word Length SD: 2.78098533565 2.80592935109 99% => OK
Unique words: 159.0 176.041082164 90% => More unique words wanted.
Unique words percentage: 0.576086956522 0.561755894193 103% => OK
syllable_count: 444.6 506.74238477 88% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => 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: 23.0 20.2975951904 113% => OK
Sentence length SD: 51.3928226723 49.4020404114 104% => OK
Chars per sentence: 117.333333333 106.682146367 110% => OK
Words per sentence: 23.0 20.7667163134 111% => OK
Discourse Markers: 4.75 7.06120827912 67% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.16472292103 0.244688304435 67% => OK
Sentence topic coherence: 0.0639707482001 0.084324248473 76% => OK
Sentence topic coherence SD: 0.0580236621979 0.0667982634062 87% => OK
Paragraph topic coherence: 0.109206851272 0.151304729494 72% => OK
Paragraph topic coherence SD: 0.0447721251004 0.056905535591 79% => OK
Essay readability:
automated_readability_index: 14.1 13.0946893788 108% => OK
flesch_reading_ease: 48.13 50.2224549098 96% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 12.6 12.4159519038 101% => OK
dale_chall_readability_score: 9.3 8.58950901804 108% => OK
difficult_words: 79.0 78.4519038076 101% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?
---------------------
Rates: 61.797752809 out of 100
Scores by essay e-grader: 5.5 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.