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

In
this
day and age, people tend to think that it is quite essential for them to have their own
home
in lieu of hiring one. There are some reasons to account for
this
. From my point of view,
this
trend is positive due to the benefits which have been in human life. On the one hand, people think that it is necessary for them to buy a residence because they believe that when they have a permanent
home
, they can pay an attention to work to settle down their life.
Furthermore
, Nowadays rental fees are pretty cost an arm and a leg, people usually spend a lot of cash to pay monthly rent.
Instead
of that people focus on earning wages and buy a residence which is suitable for their budget.
Although
It may be small, they feel comfortable and do not need to worry about rent. Another reason is that because when owning a
home
help people have lots of motivation to achieve other goals in their life.
For example
, If someone wants to tie the knot, they will surely have a confidence in getting married as they have their own
home
.
This
trend brings some positive things to people. Because when people want to become the owner of an apartment they will know the way to set aside wage to make a purchase. From
then
on, they would not probably squander money on useless things.
For instance
, when people have the intention to buy
home
Suggestion
homes
, their shopping or eating habit will be changed to save funds for buying an apartment. They will reduce spending salary in shopping or buy some kind of must have items which is wasteful. In conclusion,
Although
there are some negative elements, I strongly believe that positive sides do outweigh the negative ones. It is a good idea for people to possess a building compared to renting.
Submitted by Mohamad Aasim Dabbawala 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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