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?

#countries #home #people #be #case #situation

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Many countries around the world have seen a trend towards owning a

house

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instead

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of renting. There are many reasons behind

this

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tendency. In

this

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essay, I will discuss the advantages and disadvantages of owning a

house

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, and explain my support for possessing real

estate

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. The

first

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reason behind the tendency of buying houses is because real

estate

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can be perfect in terms of investment. More specifically, property prices generally rise, while currencies may face inflations. To illustrate, in Uzbekistan real

estate

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price is rising 5% per annum.

Additionally

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, owning a

house

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or an

apartment

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gives a sense of stability. Rental contracts generally

last

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6 or a maximum of 12 months. After

this

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period,

house

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owners may ask to move from the

apartment

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Lastly

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, an

apartment

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can become a good source of income. It is a common situation when individuals buy apartments investing their salaries and later rent them. In Tashkent, rental prices are much higher than average salaries. Alternatively, owning an

estate

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may

also

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have negative sides. To illustrate, young people cannot afford to buy a

house

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without a mortgage.

Consequently

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, they will have to keep paying the mortgage for 20 years.

However

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, if a person loses his or her income and becomes unable to pay the bills, the property will be confiscated.

Moreover

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, possessing an

apartment

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would make relocation difficult. To sum up, it is obvious that buying a

house

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is probably better than renting one of course if individuals can afford that. I

also

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believe, that possessing a

house

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should not be overestimated by people, it should not be done to the detriment of other values

such

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as health, and etc.

Submitted by shoira.shakirovna on Wed Jun 02 2021

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11
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

274 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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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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