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

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It has been argued that
this
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is an era when many people seek their own
house
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more than renting others’ apartments. It goes without saying loaning from banks or money is one of the important issues. The following essay takes a look at my perspective. In my opinion, I strongly agree that purchasing or loaning a
house
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is beneficial / advantageous.
First
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of all, it is considered that buying a
house
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or condominium is convenient. Since owners can decorate their
house
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with items whenever they want.
For instance
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, if they prefer a pink bedroom, they can paint the wall without considering rental rules.
Finally
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, the homeowners are
also
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able to keep the accommodation as their assets for their family.
In addition
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,
this
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case can be seen as a disadvantage as there are those who argue that it is not easy to get a loan for buying a
house
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.
For example
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, in Thailand, if young people would like to get credit from banks, they are required to obtain a bank statement for at least 6 months and certification of employees is
also
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important.
Consequently
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, contacting the financial centre is more difficult than contacting householders. It takes a long time to wait for the result from the back. Whereas, the process of renting a room is faster and easier. Despite the fact that many individuals find ways to obtain their accommodation which is better in long-term than by paying the rent month by month. In conclusion, there is no certain answer to
this
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question. On balance,
however
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, I tend to believe that holding one's own place is more beneficial than renting a home.
Submitted by fahmaiganya 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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