In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?

In certain developed countries, most of
the
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people choose to purchase a
house
instead
of renting an apartment.
This
may be because of the reason that those people are financially stable and want to buy one for themselves.
This
phenomenon has both positive and negative outcomes which will be discussed in the subsequent paragraphs
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.
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To begin
with, there are myriads of reasons why people tend to purchase a home rather than renting one. One reason is that those people are financially independent and have enough budgets to buy a luxurious
house
while showing off their status.
Moreover
, they do not have
w
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orry about
the
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landlords and paying rent.
In addition
to that, they can decorate their
house
according to their taste Another possible reason is that they do not want
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waste their precious money on paying rent for a long term which they have to leave at some point in their life.
This
trend of owning the
house
rather than renting an apartment has both positive and negative outcome. To exaggerate, real estate business enhances its productivity as more and more people purchase homes which generate economy to the government.
Moreover
, it gives pleasure to the family that they own a
house
.
On the contrary
, if the people do not have enough money, they would take
h
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ome loan from the bank.
As a result
, it would include more expenses along with utility bills which if it goes beyond their repaying capacity; they would end up their life in debt. To encapsulate, it can be concluded purchasing a
house
is
w
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a
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onderful
e
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to
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xperience for the people who have money.
However
, it becomes a nightmare for those who take loans and would not be able to repay it on time and end up paying
h
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uge amount of interest.
Submitted by Sam on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • 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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