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

In many cultures, owning a house is given a lot more emphasis than renting one.

This

could be because owning a

home

is equated to the status of the individual in a society. I believe that

this

custom has more of a negative effect than a positive one as it mainly adds to the financial burden and stress of the individuals.

Firstly

, purchasing your own

home

is an expensive affair. Not everyone would be ready to take up the financial cost related to

this

However

, due to the expectation of meeting the social standards of living, many people are forced to take a step towards owning a

home

even when they are not financially ready for it. They go to the extent of taking a loan for 30-40 years just to be able to own a

home

in order to please society.

As a result

, the remaining of their lives are spent on repaying the loan which in itself would be financially draining. In fact, if

this

money would have been invested elsewhere it could have given larger profits that could have been useful for any retirement plan.

Additionally

, owning a

home

as a result

of succumbing to societal expectations, leads to a very stressful life. One is constantly worried about being able to repay the loan or recover the initial investment put into buying the house. Since people tend to spend away all their savings on their

home

, they wouldn’t have the luxury of taking a break or going on vacations which could have helped them in unwinding from the stressful life.

On the other hand

, if someone is purchasing a

home

not under the influence based on any customs or societal norms and has financially calculated all the implications of buying a

home

, it is fair to say that it could have a positive impact and can be considered as an investment for future purposes. To conclude, I feel that the negative impacts of buying homes due to the norms followed by certain countries largely outweigh the positive effects. The number of people being put through

this

unnecessary financial pressure and stress is alarmingly high due to

this

issue.

Submitted by gafoormegna on Tue Oct 05 2021

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Fully explain your ideas

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Sentence 3 - Discussion
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6Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

361 words

6.50

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.5

Complete response

5.5

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?

Fully explain your ideas

Some people think secondary school students and high school students should be allowed to choose academic courses leading to university or practical courses leading to careers such as carpenters. To what extent do you agree or disagree?

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Some people believe that online libraries are more beneficial than physical libraries. To What extent do you agree or disagree with this opinion?

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Education should be accessible to people of all economic backgrounds. All levels of education, from primary school to tertiary education should be free. To what extent do you agree or disagree?