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

It is true that nowadays, ownership of
home
has become much more popular than renting, in many parts of the world. In my opinion, there are two possible causes for
this
trend and
this
is a positive development. I think there are two main contributory factors for people’s preference to own a
home
.
Firstly
, it is not affordable for all people to pay stable monthly payments, which can increase at every annual lease renewal. It seems for most people almost impossible to rent a house because their monthly income would be lower than their expenditure.
Secondly
, some people could not see their future in other
home
because they no longer exist there.
Moreover
, it is quite problematic living, in a
home
that is
rented because there is no freedom and peace, they always with concern.
For example
, if the lessee breaks something valuable item of the landlord, they should pay extra or replace. So that, the majority of people nowadays tend to buy or build houses rather than renting. In my opinion, there are a lot of advantages of owning a
home
. By buying or building a
home
people
Suggestion
person
would be
confidence
Suggestion
confident
enough to themselves because they stay there for several years.
This
confidence gives them a sense of freedom and greater privacy, since they own property, they are able to renovate and decorate it to their liking.
Moreover
, it is a good long-term investment.
This
means that, even if the value of the structure itself depreciates, the land on which owner sits can become more valuable over the year. According to statistics, the average price of homes sold in Uzbekistan rose 50 % in five years starting in 2015. It
also
plus
participate in games or sport
plays
for them, in order to increase their value of poverty. In conclusion, there are two key factors for the importance of owning a
home
that are aforementioned and I believe that it is far more advantageous than hiring.
Submitted by Azizbek Khamdamov 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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