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?

Nowadays, many people value the idea of becoming a
home
owner than being a tenant. There could be several reasons for
this
, and I think it should be considered to be more of a positive trend.
To begin
with, there is a whole host of reasons why people would prefer to own a
house
rather than rent one.
First
, owning a
home
gives a sense of personal achievement that tenants cannot enjoy. In fact, in
this
day and age, in order to buy a private property, one has to work around the clock for years to earn enough money.
This
makes the idea of
finally
owning a
home
even more satisfactory to a landlord and
therefore
gives them a strong sense of self pride.
In addition
,
house
owners have more freedom in constructing and designing the
house
the way they want.
For example
, one living in a rented apartment has no right to make any chances for the
home
as it is not their property, while a landlord can freely design or refurnish their own place to suit their tastes. For the reasons mentioned above, I believe
home
ownership is a positive trend. In the
first
place, the demand of purchasing houses creates more job opportunities related to the real estate field.
This
is simply because a large number of companies may be established to meet the demand of the market.
Thus
, they need to have more employees to serve the construction services.
Second
, owning housing encourages society to develop. In fact, as more people think it is important to settle down owning a
house
, it will motivate the society as a whole to acquire the same goal, which in turn contributes to the sustainable growth of that society. In conclusion, some explanations could hold responsible for the changes in people’s growing preference towards owning houses, and I believe that
such
type of residency is desirable.
Submitted by Nhien Nguyen 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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