In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think is a positive or negative situation.

Owning a
home
rather than living in a rented house is becoming increasingly important in many nations. There are many reasons for believing
this
is because living in a self-owned
home
gives a feeling of stability, comfort and security. In my ,opinion there are positive and negative results of
this
issue which depends on many factors. Owning a
home
rather than living in a rented building is becoming increasingly important in many nations. There are many reasons for believing
this
is because living in a self-owned
home
gives a feeling of stability, comfort and security. In my ,opinion there are positive and negative results of
this
issue which depends on many factors. There are
people
who think that owning a
home
does not have to worry about the landlord nor do they have to pay a monthly rent.
Therefore
, they can modify their
home
according to their needs and feel secure in them.
Moreover
, they think that buying a property is the best investment, no matter which country you live in. For
people
who have a budget to buy a building and few financial liabilities, their building is an asset. These are the reasons why owning a building is a positive situation for them, which they expect to appreciate in value in the future.
On the other hand
, there are some drawbacks to having a building is that if middle-class families buy a building or an apartment
that is
out of their budget would be stressful for some
people
as they cannot afford it. It is possible to say that they take out huge loans and end up repaying the amount over a very long time.
This
increases the interest they have to pay. The stress will take away joy from some
people
's life. They struggle all their life to own the property without enjoying it. In conclusion, I believe that owning a
home
can be a pleasurable experience if done within a budget.
However
, it could turn into a negative situation when a person buys a
home
that they cannot afford it.
Submitted by dr.phitsineevet4 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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