Pros And Cons Of Renting

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PROS OF RENTING

The main reason why renting is better than buying is because you don't need a capital to do it. You need to have a few months rent as a deposit for the landlord, but they are not going to be as much money as the one needed to buy a house.

The second reason why renting is good is because it leaves you free to leave the apartment whenever you want (or with a very short notice period). This is good if your work required you to travel a lot and you need to change where you live very often, or if you are living with your girlfriend in a very small house and you want to have a family and you need a bigger house with two bedrooms.

Another pro of renting is that, depending on your contract, you don’t have to take care of problems that you may have like a broken pipe or a burned lamp: your landlord is going to pay for it.
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It means that you can invest it instead of using it all to buy a house.

CONS OF RENTING

The first thing that comes to mind when you have to consider the cons of renting is that, at the end, you are not going to be the owner of the house. You are not allowed to change anything inside, from the tent to the color of the wall, without asking the landlord before.

The landlord could also impose to you some limitation, like not having a pet, or he would not want to pay to renovate something that is really bothering you, like for example your too old windows, or that old sofa.

Another con of renting is that you’re not going to have a house. If you have some financial need, you’re not going to sell the house for money, or live under a roof without having to pay a huge amount of money to someone

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