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 a positive or negative situation ?

Nowadays, people gave more value in buying a
home
over the renting options. In my opinion
,
Accept space
,
this
is the part of the natural human desire and can be seen in both lights positive as well as negative. The main point of focusing more on investing in a
home
is to feel more secure and reliable. The person who does not own any property has always
tneeded
Suggestion
t needed
to look for the bills which he/she has to pay to the landlord.
In addition
to that, possessing a property is a long term investment. The money paid to the property owner by their tenants is the savings for the owner. People want to increase savings by spending their earnings into the option of house-owner.
Also
, social status is
factor
Suggestion
a factor
the factor
which adds to the higher number of people in the market looking for a house.
However
,
home
ownership is not an easy task as it seems to be.
First
of all
,
Accept space
,
people have to borrow money from banks, businesses which they have to pay back in the future. The burden of unrealistic expectations is
unhandleable
for individuals.
For example
, in early 2000s UK government gave loans to the persons interested in buying
home but
Suggestion
homes, but
homes but
the majority of them are still running around the clock to pay the borrowed amount back to the government.
Instead
of going with the option of owning a house, renting a place to live seems more realistic approach given the current situation. To make better livelihood
,
Accept space
,
people can think spending their money in other options like the stock market. In conclusion, owing a
home
seems desirable but it causes more harm to the individual as compared to the good. The outcomes of buying a house as seen will decline in the future rate of
home
owners.
Submitted by harpreet on

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    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Topic sentence
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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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