In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think this is a positive or negative situation?

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These days, a number of people pursue home ownership
instead
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of just renting one.
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This
Suggestion
Thus
, they consider, as very important. In
this
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essay, I intend to look at the reason for
this
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trend
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and highlight its overwhelming negative consequences.
To begin
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with, the ownership of homes is a rising
trend
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in many countries.
This
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I think is due to the huge cost attached to just
renting
Suggestion
rent
one on the long run, with its attendant strain on the family pocket.
For example
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, in Lagos, Nigeria, the prices of rooms has skyrocketed in recent times, with
this
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gulping up to half of the income of the family on a monthly basis, especially for
the low
Suggestion
the lower
and middle-income earners.
This
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has in-turn exerted much pressure on the family budget, with just a little amount of money left to pay for feeding, education and other essential expenditures.
As a result
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, the standard of living is seeing a significant drop. People
therefore
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count is extremely important to own their own houses so as to be free from
this
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uncomfortable burden.
However
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, as much as
this
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appears to be a valid concern, the negative consequences of
this
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drive is more serious.
Firstly
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,
this
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development has only helped to worsen overcrowding, especially in the urban areas, with its attendant effect on the health of the citizens. Communicable diseases like malaria, tuberculosis and so on can only be empowered by
this
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trend
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.
In addition
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to the above, the rate of deforestation has
also
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worsened, aggravating global warming. As trees are being indiscriminately felled to make room for vacant lands for houses, fewer trees are left to absorb CO2 and produce O2 and
this
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worsens the danger of global warming. In conclusion, the negative consequences attached to the uncontrolled quest for home ownership makes a good case for it to be curtailed. Government at all levels
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therefore need
Suggestion
therefore needs
to step in and ensure that
this
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trend
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is well regulated.
Submitted by Dammy on

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Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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