In some countries, owing to home rather than renting one is very important for people. Why might this be the case? Do you think it is a positive or negative situation.

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Living in an own home
instead
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of rental property is thought important in a few countries. While some people opine that the personal
house
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brings more benefits, others argue that rental
one
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is better.
This
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essay will not only discuss these divergent views rationally but my opinion will
also
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be highlighted while concluding it. Apparently, there are some reasons why the popularity of homeownership is concerned in some countries at the top of
that is
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people are desirous to buy or built their own
house
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. To be precise, nowadays every human being wants to have a permanent residence because it gives them a sense of comfort and belonging.
Also
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, in a personal space, there are no rule and regulations as a person is freer to execute his desire. To epitome,
one
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is renovating their
house
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according to his aspiration even they have full rights to change the colour of their
house
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and make a lawn in front of the home. Despite having advantages there are several drawbacks of
this
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approach.
Firstly
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, it demands a hefty amount of money to be invested in building and even maintaining these structures.
Secondly
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, these days people are migrated from
one
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place to another as per their future demands.
For instance
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, after getting promoted a person would be shifted to another state or even country.
Therefore
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, renting a homestead is more convenient than purchasing
one
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. To conclude,
although
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there are few drawbacks of
this
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approach, personal habitation brings more benefits as they give freedom and privacy.
Submitted by Gagan Bhamra 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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