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?

It is widely believed by citizens of some nations that purchasing a
house
is more valuable than renting a place for
accomodation
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accommodation
.
T
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apply
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he most
conspicous
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conspicuous
factor contributing to
this
matter would be that it is a reliable investment in some areas.
A
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lso,
i
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I
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find
this
issue a beneficial
peactice
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practice
to secure money.
TO
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To
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Begin with, in some countries
r
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a
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eal estate is a perfect form of investment.
T
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hat is, the value of
accomodation
Correct your spelling
accommodation
areas are
esclating
Correct your spelling
escalating
at an alarming pace which could provide owners with a
cosiderable
Correct your spelling
considerable
interest rate.
Therefore
, they prefer to allocate their asset to
this
sector to gain desirable profits.
T
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ake Iran
for example
; in the
first
three months of the year the average price of houses rose by 25
percent
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per cent
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.
this
amount of profit could not be achieved in any other fields.
On the other hand
, in
this
matter demerits are overshadowed by merits.having a
house
for your own
,
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i
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s considered a positive approach to tackle the
disasterous
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disastrous
inflation that many countries are struggling with. To put it simply, due to
this
economic crisis many people have to increase the amount of rent or
deposite
Correct your spelling
deposit
to rent a place that they are living in at the moment.
T
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hus, possessing a place may be costly in the
first
stage, but people can benefit from it in a long-term period.
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oreover, owning a
house
could be a relief for a large number of people who are changing their rental
house
on a regular basis and could significantly decrease the level of concern for the mentioned group. In conclusion, economic issues may be the justification that convinces people that having a home for their own is crucial.personally,
this
would serve an economic point for people.
Submitted by alirezaa_ahmadii 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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