In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Convenient mortgage system ,unstable renting costs,freedom Do you think this is a positive or negative situation?
In recent years, the number of people who incline to buy houses has been increased at an unprecedented pace. I think
this
is a negative phenomenon and I will explain it in Linking Words
this
essay.
One of the biggest reasons why so many people prefer to own properties rather than rent a place is because the housing price is growing at a rapid pace. Linking Words
As a result
, lots of people can make a large amount of money by investing in houses. Linking Words
However
, there are many potential risks in doing Linking Words
this
. Linking Words
For example
, the global economy will suffer as more and more people borrow money from the bank and they are not capable of paying it back.
Another reason is that many people these days are seeking a sense of belonging and renting houses is not stable enough. Linking Words
In other words
, we are living in an ever-changing, high-pressured society and people are anxious about their future. Linking Words
Consequently
, purchasing properties is a relatively good choice compared to moving constantly from one place to another. Linking Words
For example
, a recent study conducted in China has shown that over 80% of people claim that they feel safer and less stressful when they have a nice home environment to live. Linking Words
However
, accommodation costs have become astronomical in these years and the majority of people might have to spend lots of money on paying the mortgage. Linking Words
As a result
, more and more people suffer from mental illnesses Linking Words
such
as depression since they have to work longer hours to earn more salary.
In conclusion, it is understandable that people want a higher quality of life but the housing price is too expensive. Linking Words
This
trend would have a detrimental impact on both economic growth and individual well-being. Personally, I think Linking Words
this
is a negative situation.Linking Words
Submitted by maxqiuhan on
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