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 positive or negative situation?

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Having an own
property
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is much more important than renting in some nations. While there are several factors that caused
this
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situation, and I believe that
this
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is a positive trend. There are three main reasons that caused people to refer to have their own
house
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.
Firstly
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, having an own
property
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is a symbol of social status. Especially in some Asian countries, people consider success as having
the
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apply
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wealth and material possessions, and the
house
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is the most significant symbol. If people would not have their own
house
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, others would not believe that he/she is a successful person.
Secondly
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, some people think that having their own
house
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is a prerequisite for getting married. It is because having an own
house
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is fundamental to build a family.
Finally
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, without having their own
property
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, people always feel like homelessness as well as lack a sense of belongs, even they can rent a place to stay. The
house
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may terminate the lease agreement and let them move out at any time.
Although
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having an own
property
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required a lot of money, I think
this
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is a positive trend.
This
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would encourage young people to fight for their future. They will make a lot of effort to achieve
this
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gold, thereby boosting the local economy. People have to pay for the taxes for purchasing a
property
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, and housing developers have to build more houses to cope with the demands. Not only it can increase construction business’s income, but
also
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help to raise a country’s fiscal revenue,
therefore
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governments have more funds to allocate to different essential sectors, including schools, health care and public transport systems. In conclusion, there are many reasons to push people to buy their own properties in some areas. From a long-term perspective,
this
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trend will bring more benefits.
Submitted by zumei89 on

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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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