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?

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These days, many people believe that it is essential for citizens to buy a
house
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rather than to
rent
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one. In
this
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essay, I will explain some reasons for
this
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, and why, in my opinion,
this
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is a positive trend. The main reason why people in some countries are buying rather than renting is that
it
it is
it's
a good strategy to save for the future. Investing in a property is a noticeable
money
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saver strategy. Paying
rent
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may feel easier at
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first but
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first, but
ultimately it only makes the person spend and lose
money
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. Meanwhile, acquiring a
house
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is an investment,
consequently
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, the
money
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that you have spent is
finally
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a real-state-value and it will increase its price as inflation grows.
For instance
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, if you buy a
house
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now for USD 185,000, in a couple of years it might cost more than USD 300,000. The actual trend of investing in a property is advantageous as it motives people of all ages to work hard and to aim to save enough to get to be an owner. Stop paying
rent
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is a huge relief and a great achievement in life.
For example
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, once you have your own flat, apartment or
house
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, all the
money
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you used to spend on the
rent
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, can be utilized to make your
house
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more comfortable and beautiful.
Moreover
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, a
house
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does not disappear in time and will become a legacy for those that you love. In conclusion, whereas it might be hard work to get to be an owner, it is a great advantage as having a property is considered to be an investment and not an expense.
Therefore
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, governments should help its citizens to buy their own
house
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by giving loans or payment facilities.
Submitted by claramorin 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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