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?

#countries #home #people #be #case #situation

People in some countries now consider owning a

home

to be more important than renting one.

This

essay will discuss the underlying reasons for

this

preference and elaborate on why it is a negative development. There are two main reasons for people’s preference for

home

ownership.

First

, for some people, owning a house or an apartment means that they do not have to waste time on accommodation hunting when a rental contract expires.

Therefore

, they can just focus on their career goals or other important things,

such

as marriage.

Second

, nowadays many people buy a

home

with a mortgage, and so they know the exact amount of money they owe and

also

the regular amount they have to pay.

This

allows people to make a clear long-term financial plan for the future.

However

this

is not the case when they rent a

home

because they are subject to changes in the rental price made by landlords. The trend that many people value

home

ownership over rented accommodation is negative due to the following reasons. Most houses or apartments have low liquidity, which means they cannot be easily exchanged for cash.

As a result

, people who are still redeeming their mortgages may not be able to spend money on other big investments.

In addition

, while a tenant can easily terminate a rental contract and find a new place if they are not satisfied with their current accommodation, it is very difficult for

home

owners to do the same.

In other words

, once a person makes an unwise decision and buys a

home

that they later regret, they are usually left with only two options: either make the

home

available for rent or accept living in a place they are not happy with. In conclusion, people in some countries now prefer to buy their homes because they value stability that owning a

home

provides and want to have clear future plans.

However

, unless thorough considerations are made,

home

owners may have to face undesirable outcomes from

such

a decision.

Submitted by yoy317 on Sat Oct 10 2020

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Fully explain your ideas

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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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10Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

6 paragraphs

337 words

6.00

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

5.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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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