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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There are a number of people around the world, who would prefer to purchase a real-estate property rather than renting it. In
this
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essay, I will consider the reasons that are lying behind it and whether it is good or bad. The main reason that people believe that owning a
home
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is better than renting it is that ownership is an asset and theoretically can be a source of income. Meanwhile, renting an apartment or a house is always a source of monthly expenses.
In addition
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, as a rule, any kind of renovations are not allowed by an apartment owner.
For instance
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, if somebody would like to change something in the residence, they had to ask official permission from the owners. Another reason why the general public wishes to owe real-estate is that a renter can increase monthly rent on short notice and nothing can be done about it. In my opinion, the desire to be an owner of their
home
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has as positive consequences as negative ones and it depends on a personal situation.
First
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, I think that if a person does not have enough funds to buy a
home
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and has to loan money from a bank
then
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it is a disadvantageous situation because the person becomes tied hand and foot by mortgage payments for years.
On the other hand
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, if there are financial stability and extra money, buying a property might be a great investment due to the fact that prices on a real-estate are gradually increasing, and lending an apartment or a house can bring monthly income to their owner. In conclusion, the public might consider owning a
home
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, as one of the essential goals because having your own accommodation is more comfortable and can be a good investment. Meanwhile, I believe that in some cases it can have some drawbacks
such
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as enormous debts that would not be paid off for years.
Thus
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, the idea to purchase estate might be as good as bad depending on the personal circumstances of a person.
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For we to consider an essay structure a great one, it should be looking like this:

  • 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

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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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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