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.

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Living in your own
home
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instead
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of a rental property, is thought important in few parts of the world. There are a number of reasons behind
this
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culture and
this
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essay will discuss a few of them. In my opinion,
this
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is a negative
situation
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and
this
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essay will
further
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elaborate on my viewpoint. As far as the popularity of
home
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ownership in a few countries is concerned, there are two main reasons responsible for
this
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situation
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.
To begin
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with, owning a
home
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has greater economic benefits. To put it differently, even though renting a house may appear cheaper than purchasing one on loan, the latter option proves to be more beneficial on financial grounds in the long run.
For instance
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, even if a
person
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has to pay an EMI to the bank, which might be higher than the rate of rents, each of his instruments, acts as an investment, making him the owner of a property after a few years.
Furthermore
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, owning a
home
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gives a lot of freedom to its dwellers.
Although
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there might be certain restrictions while living in a society or a building, overall a
person
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is freer to execute his will. As a proof, a tenant needs the permission of the landlords even to drill a hole in the wall, but
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is not the case in your personal property. Despite of all these merits, in my opinion,
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is a negative
situation
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and has many negative aspects.
Firstly
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, it hinders personal growth. To explain
further
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, as in today’s world professional growth requires a
person
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to migrate to different places, owing an expensive house in a particular location may act as an obstruction. For an illustration, after getting promoted a
person
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me be required to relocate to another state or even country.
Moreover
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, renting a house is more convenient rather than maintaining your own. Since most of the maintenance and almost all of the repair work is the liability of the landlord, the tenant need not bother about these. To conclude, economic prosperity and freedom of the will are the main reasons resulting in the popularization of
home
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ownership in few countries.
However
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, because of certain demerits like, acting as a hurdle in growth and adding to the load of responsibilities, in my opinion it is a negative
situation
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.

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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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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