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?

As a result

of the increase in population, many people need a

house

or an

apartment

to live in. Especially in Korea, Most Korean think owning a home is an important goal in their life rather than renting. In my opinion,

this

phenomenon is a positive thing. In Korea, there is a specific way to

rent

a

house

. Normally they pay huge amount of money as a deposit to the owner of the

house

, and they make a 2 years contract.

Then

, they can live for 2 years without a monthly

rent

Replace the word

rental

show examples

fee. In

this

case, the fact that they don’t need to worry about the

rent

fee every month is pretty good news.

However

, the thing is, they have to choose whether to extend the contract or move to another

place

after 2 years. Mostly, the owners of the

house

or the

apartment

want to increase the deposit, so if you don’t have enough money, there is no way to extend the contract even if you have loved that

place

. Because of

this

situation, the price of the

house

or the

apartment

gets expensive every year, and a lot more people would not be able to buy their own

place

.

In addition

, If the price of the

house

is getting higher than now, only rich people can buy the

apartment

and it could bring a phenomenon in which housing prices are becoming more and more expensive In conclusion, if many people buy their

place

, the people who want to

rent

their

place

would be decreased and

this

can bring the decrease of

rent

deposit.

This

should help the people who just started to work or the people who have to move to another city.