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?

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Many people believe that in some nations , it is better to live in a rented house than buying a
home
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.The main reasoning is that it is very expensive to purchase a
home
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in foreign
countries
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and can job frequently.
This
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is a positive trend for them.
This
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essay explains its causes and why it is a good situation , followed by a reasoned conclusion . Some people prefer to live in a rented house rather than buying a
home
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. There are some reasons for them.
Firstly
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, the price of houses is huge in developed
countries
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than in developing or poor
countries
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. To illustrate
this
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, Canada and the USA are the developed or poor country and their value of the currency is higher
than
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inthan
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other
countries
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where $1 is equal to Rs.50-70 for Indian people .
Therefore
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, it is very expensive to buy a
home
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for them . Another reason is that they can alter their workplace often in a year in order to get experience , knowledge , having a decent salary and so on .
Also
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, they receive many non-financial benefits from other states of the country . I think it is a welcome development for them . The
first
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logic is that they can save income regularly if they do not invest money in huge expenses .
This
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helps to fulfil basic necessities like food , shelter and cloth .
In addition
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to
this
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, it gives freedom to live in any part of the nation because they do not have the responsibility for a permanent apartment . So they would experience the different thing about that country . To conclude , the main reason for living in a rent residence than owning a
home
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is that they can not afford as well as can change job frequently many times of the year . According to my point of view that it is a positive situation for individuals because they improve their bank balance and the freedom to experience many things in abroad states .
Submitted by himanshumali90 on

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Your opinion

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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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