In some countries, owning a house 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?

#countries #house #people #be #case #situation

House

one

of the most crucial basic needs of human life. The idea of buying or renting a

house

varies based on the topography you reside in. While in developing nations people opine to purchase the

house

, in developed countries people ought to

rent

the

house

. I opine owning a property always pays off in the long run. In developing countries, people deem fit to purchase the

house

due to various factors socio-economic factors. As the property rates are always escalating and buying the

house

always reaps higher returns than any other form of investment.

For instance

, in India, real-estate has seen an average of 30% appreciation per year in the past 5 years.

Also

, considering the over-population and inflation in

such

countries, owning a

house

also

ensures that future generations have their own roof to live under.

Consequently

, if

one

has to move,

rent

from the owned houses can be used to pay off the

rent

of the new place. In developed countries, where property rates have reached its peak, appreciation on investment might be marginal, making leasing a feasible option. A recent study delineated in Toronto a

house

can be as costly as 22 years of

rent

. Concurrently, in western countries, children rarely live with parents, so buying a

house

to ensure their children's future isn't a major concern. On the flip side, even though not owning the

house

seems viable, it

also

stips

one

off the benefits of earning

rent

, investment appreciations, and living

rent free

Add a hyphen

rent-free

show examples

retired life. In conclusion, if we

rent

the

house

for decades, we don't own them at the end of the tenure, but buying a

house

enables us to generate a bunch of future financial and social positives.

Thus

deeming owning a

house

as a better option than renting

one

Submitted by Nirbhay on Sat Sep 26 2020

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5Linking words
meeting the goal of 7 or more
3Word repetition
meeting the goal of 3 or fewer
1Grammar mistakes
 

4 paragraphs

299 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

homeownership
financial security
property appreciation
equity
mortgage
real estate
tax incentives
fixed asset
inheritance
economic mobility
housing market
maintenance
upfront costs
long-term investment
personal space
housing bubble
rental market
housing crisis

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In some countries, owning a house 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?

Fully explain your ideas

Essentional vocabulary list for IELTS Writing 7+

In recent years, there has been a rise in the use of performance-enhancing drugs in sports. What are the consequences of doping for athletes?** What measures should be taken to combat this issue?**

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At present time the population of some countries includes a relatively large number of young adults compared with the number of old people.

In many countries, people now wear western clothes such as suits and jeans rather than traditional clothing. Why is this the case? Is this a positive or negative development?

In recent years, there has been a rise in the use of performance-enhancing drugs in sports. What are the consequences of doping for athletes? What measures should be taken to combat this issue?