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?

There is an entrenched belief that pervades parts of
w
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the
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orld that in possession a home
matters
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matter
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, whereas others do not subscribe
Verify preposition usage
to
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the view, arguing that renting is
m
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a
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ore rational option given current economic trending.
That is
the case and not always the
one
.
To begin
with, owning a property to live plays a role of paramount importance in our daily life.
For instance
, it offers
s
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a
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ense of security for people to live , work and study on their own, which backs them up to pursue their dreams without feeling insecure.
Secondly
,
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the
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roperty is considered as
valuble
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valuable
financial investment, a surefire way to maintain
i
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an
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ndividual's financial safety.
For example
, to offset inflation. At
last
but not least, it gives people something to fall back on, when
one
comes up against financial troubles, selling
h
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a
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ome is the quickest way to make them get back on their feet.
On the other hand
, quite
f
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a
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ew people are in favour of renting a place to live. There are some reasons
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for
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spelling out the phenomenon.
First
of all, admittedly, people opt for renting rather buying out of financial purpose. Buying a real estate can be a huge financial challenge, which discourages a vast of young people who freshly get their feet in
w
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the
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orkplace. In the
second
place, possessing a real estate takes its toll on mobility to some extent. Once the neighbourhood fails to live up your expectations, moving a house can be a toil,
japordizing
Correct your spelling
jeopardizing
one
's financial and mental wellbeings.
By contrast
, getting out a leased place is rather handy. Top of that, most population bear the burden of
m
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a
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ortgage, constant being aware of a repayment lying ahead exerts huge impacts
one
's mental health, contradicting to their intended sweet dreams ironically. To sum up, renting or buying has its own merits. When making a decision, people ought to weigh on
p
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the
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ros and cons of it. I would prefer
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to
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err on the side of caution on account of financial consideration, renting an apartment to go about my own independent life.
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  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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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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