In the first place, the advantages are that if you live in a rented flat, you can live wherever you want, and you can be free to live, and you do not depend on the comunity to pay, and there isn't any mortage to pay to the bank.
On the other hand, the disadvantages are that you have to adapt yourself to the conditions and rules of the owner, for example, you can not have pets in the flat, you cannot make changes of furniture, neither you can do any repairs or any transformation in the house.
Another disadvantage is that you have to adapt yourself to the price that the owner asks you. And the mos important, the owner can ask you to leave when he wants but normally in fifteen days under previous notice.
It could be good to live in a rented flat while you save money and time, but it should be better to have your own house.
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