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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Choosing a place to live in and whether
this
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place is rented or owned is an important choice to make. The majority of
people
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want to be owners of a
house
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because it gives them a sense of confidence. I believe that owning a
house
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is better than renting one. The following paragraphs will highlight my opinion with relevant examples. To commence with, housing is a basic human need,
thus
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, it is one of the primary concerns. Possessing a property gives
people
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a sense of stability and confidence in the future.
Therefore
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, despite the escalating prices, individuals try to buy houses at any cost, even if they have to get a mortgage for 30 years. Renting a
house
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has a number of drawbacks and may cause many issues.
For example
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,
people
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may be required to evacuate at any time by the landlord.
Subsequently
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, tenants will have to move from one apartment to another with all their possessions and families. Adding
further
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, buying a
house
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is perfect in terms of investment. In response to the increasing population, housing prices are significantly rising every year.
For instance
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, in Tashkent over the
last
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2 years prices for housing have increased up to 22%.
Moreover
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,
people
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may give for rent their apartments and turn their owed accommodations into a source of monthly income. To conclude, I am personally convinced that owning a property is of significant importance in today's unstable society.
Although
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,
house
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owning has negative sides like difficulty to relocate and maintenance, in the long term
people
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may get only benefits.
Submitted by shoira.shakirovna 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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