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?

Home
is a four-letter word which brings a feeling of relief and security in most people. In certain countries, purchasing a
home
is preferable to renting one.
This
essay will explore a number of possible factors behind
this
particular trend and explain why
this
can lead to a positive outcome. One of the main reasons why people invest in properties is because it is often considered as a secured investment. The purchase of a suitable abode is compared to achieving financial security for life.
For instance
, the moment a university graduate starts working, they hope and plan to own their dream house one day. So, they work towards
this
goal of theirs and it gives them an immense sense of accomplishment. Another logical explanation is the idea of freedom in living which comes with owning a
home
. When a person is living in a rented
home
, their liberty at
home
is restricted by the rules and regulations put in place by their landlord or landlady.
However
, when an individual is in their marked territory, they can exercise their rights and set their own set of rules. Citizens investing in homes can have a
favorable
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favourable
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impact on a country’s economy.
For example
, as more potential buyers are searching for properties in the market, greater are the chances of the real-estate business flourishing. Not only will it generate revenue for the real-estate developers,
this will
Add the word(s)
but this will also
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follow through with urbanization and
c
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the
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reation of more job opportunities. In the long run,
this
will result in increased employment rate, greater GDP and a higher standard of living. In conclusion, it can be said that
,
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apply
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a sense of financial security and freedom are two crucial reasons why people of some nations tend to invest in homes.
This
,
however
, can have a truly positive effect on the country’s economy.
Submitted by mashmum_17 on

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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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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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