What are the Disadvantages of Renting

 

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To some, renting is a great thing. This is because it is suited to them who can’t buy a new house. Moreover, it keeps you free from the responsibilities of home ownership as well as in maintaining the property. Although renting has benefits, it also has a number of disadvantages. These disadvantages make renting unpleasant to other people.

The instability of renting is its number one disadvantage. You may have a place to live but this is on a temporary basis only. The landlord can kick you out any time. This could happen if the landlord sells the place, you don’t pay rent, break rules or for any other reason the landlord may have. Thus, you would become homeless in just a short amount of time.

When renting, the biggest obstacle would be the landlord. You would be lucky if you have a good landlord, but not all landlords are good. There are some that are so bad that they could give you problems instead. Horrible landlords have no time to understand the plight of their tenants and cannot be reasoned with so easily. They might also be irresponsible and are not responsible in taking care of the property. There would also be some landlords who would demand an increase in rent without giving you a heads up.

When you choose to rent, then you should understand that when it comes to any changes or decisions regarding the property you rent it would fall to the landlord. You can never customize, modify or add anything to it. You have to call your landlord if there’s a problem that needs to be addressed or repaired. And since there are irresponsible landlords who don’t care about maintenance and repairs, then it is possible to live with inconveniences for quite some time.

Many rental properties have strict rules that have to be followed. These rules cannot be changed and if a tenant fails to follow them could be punished or evicted. Apartments may not allow pets or smoking. Some would also have restrictions on the amount of people who could live in the place. Most of all, apartments wouldn’t allow renovations, even minor changes to the place.

Renting has clear disadvantages. If you don’t want these disadvantages the become home owner and buy a house. You should consider house and lot in quezon.

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