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

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

house

instead

of renting. There are many reasons behind

this

tendency. In

this

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

house

, and explain my support for possessing real

estate

. The

first

reason behind the tendency of buying houses is because real

estate

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

estate

price is rising 5% per annum.

Additionally

, owning a

house

or an

apartment

gives a sense of stability. Rental contracts generally

last

6 or a maximum of 12 months. After

this

period,

house

owners may ask to move from the

apartment

Lastly

, an

apartment

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

may

also

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

house

without a mortgage.

Consequently

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

However

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

Moreover

, possessing an

apartment

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

house

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

also

believe, that possessing a

house

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

such

as health, and etc.

Submitted by shoira.shakirovna on Wed Jun 02 2021

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

4 paragraphs

274 words

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

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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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