In some countries, owning a house 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?

Domicile may not be the place where people spend most of their time at, but always be the place they want to come back after a long and exhausted working day.
Therefore
, in some countries, it is said that possessing an apartment rather than renting one is extremely desirable and important. In my personal perspective, having a
home
on your own, which someone can only imagine of, is absolutely precious.
This
mainstream thought might bring some certain advantages to the country. The possession of a
mansion
is a common desire.
Firstly
, a private dwelling facilitates people to manifest creativeness through
home
decoration, which
also
is the special opportunity to express the individuality in their style.
Conversely
, if people do not have apartment ownership but still wish to enhance its appearance, it is compulsory to ask the lessor for permission.
Secondly
, owning a
home
, to some degree, can support people by improving their social status. People only rent a place if it is impossible for them to afford one is a conventional opinion nowadays. There are someone even base on the location of the condominium to determine whether one is wealthy or not. And as a common sense, those who living in higher-quality residential areas will be treated more partially compared to those who living in impoverished slums.
Last
but not the least, proprietorship of a flat give people a serene life because they do not have to face with invisible depression: monthly rent, which comes to considerable amount of tenants' salaries. I believe that everyone should
finally
purchase for themselves a dwelling, which not only bring enormous benefits but
also
reassure their family. Parents and grandparents, especially Asians, have a backward and anachronistic ideology,
thus
, they always desire their child to have a snug little
mansion
to raise a united family.
However
, some people choose to live in a rented
mansion
, whose flexibility is perfectly suitable not only for those who working for multinational organizations but
also
for those who frequently relocating for various reasons.
In addition
, renting a shack, is an economical selection for independent undergraduates and labours with low-income. The universal acknowledge that owning an apartment is extremely important and has a positive influence on the society. A desire to have a
home
creates motivation and firm determination for the citizens.
Consequently
, they will channel resources into saving tremendous disposable income, which leads to the economic growth and impulse the development of the country.
Moreover
, a firm determination
also rescue
Suggestion
also rescues
them from a previous extravagant and glamorous lifestyle. There will be no more sporting the latest and most expensive trends and meals in luxurious restaurants. Life becomes more meaningful if you have a dream. In
this
case, that imagination is a condo, which gave people a serene life, improve social status and be the best implement to reassure relatives. There are some circumstances that people have not called for a fixed accommodation recently; but
then
, there will come a time when they feel it's necessary. A common thought of
mansion
Suggestion
the mansion
not only develop the economy, but
also
enrich the quality of personal lifestyle.
Submitted by Trân Lê on

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Topic Vocabulary:
  • homeownership
  • financial security
  • property appreciation
  • equity
  • mortgage
  • real estate
  • tax incentives
  • fixed asset
  • inheritance
  • economic mobility
  • housing market
  • maintenance
  • upfront costs
  • long-term investment
  • personal space
  • housing bubble
  • rental market
  • housing crisis
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