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

It is often argued that a
place
to stay is necessary to live our life very safely. Some people might think that having own house is more significant than renting a
place
such
as apartment or condo for inhabitants among few nations.
This
essay will address the perspective of the shelter and show that it has positive or negative development.
First
of all, the majority of individuals might save money very well when they own a
home
.
In other words
, the number of inhabitants who does not have their own
home
must pay the monthly rate because renting one means the residents borrow a
place
to stay in a period of time, so it is compulsory to pay the fees every single month to a lender
such
as
landlord
Suggestion
landlords
a landlord
.
However
, when people have their own, they are ensured that they do not have to pay the rent permanently until selling it.
Thus
, individuals' budget may be
protected safely
Suggestion
safely protected
.
Moreover
, when
this
circumstance continues, it could be a positive situation. The people's lifestyle would be improved by well-controlled economy due to lots of money saving.
For example
, the quality of life might grow up which means they are able to enjoy their lifestyle appropriately because they have a sufficient cash to spend from their
home
that makes individuals save money whereas, renting condos waste it periodically, so the happiness index
also
increases.
Therefore
,
this
situation expresses very positive phenomenon in the point of view of economic aspect. In conclusion, in spite of the fact that borrowing
place
is fairly easier than owning
home
Suggestion
homes
, we need to encourage residents to have their shelter. It shows more advantages
such
as a part of
economy
Suggestion
economics
or lifestyle.
Submitted by 01074332347 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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