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?

When it comes to buying or renting a house, it is a big decision to make. Many people today value owning their own
home
over renting. In my opinion,
this
is part of a natural human desire for security and prestige but it contains risks. The source of
this
desire is a need for stability and respect. An individual who does not own their
home
must pay rent to a landlord or mortgage to a bank.
This
hangs over them and necessitates maintaining a job with a steady salary and balancing rent against other living expenses. Once a person owns their own
home
, they are
then
able to spend their money more freely and consider different employment without the fear of becoming homeless.
Moreover
, having a
home
lends an air of respectability. Only the wealthy are able buy a house and most homeowners take pride in the size and condition of their
home
as a sign of their social standing.
Nonetheless
,
home
ownership is a negative trend as it forces unrealistic expectations
on
Suggestion
of
for
millions. Most people live in city apartments with rents and are not capable of buying a house. The pressure to buy one is likely to engender feelings of inadequacy and resentment towards the upper classes.
This
famously
fueled
the sub-prime mortgage crisis of the early 2008 in the United States when millions borrowed more than they could afford to buy homes,
then
defaulted on their payments and lost a lifetime of investment. Had these same people opted to rent, they would have saved more money and could have invested in other forms of capital
such
as the stock market. In conclusion, owning a
home
is innately
desirable but
Accept comma addition
desirable, but
in the end causes more harm than good due to the pressure it places on individuals. Many people have learned
this
lesson and
home
ownership may begin to decline in the future.
Submitted by Nizamova on

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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