In some countries, owing 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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It is true that
people
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in some countries prefer owning a
home
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to renting it because of some factors like less expense in the long-term and the possibility of desirable transformation. In my opinion, I personally think that it is a positive situation for
people
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. By owning a
home
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, there are several advantages for the owner.
Firstly
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, the expense for a
home
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is far less compared to renting in the long term because it does not need to be paid monthly. As the price for real estate rises, the cost of renting
also
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goes up.
However
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, the owner need not be worried about it.
Secondly
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, depending on family members, it is evitable to do some transformation in the
home
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to make each member live comfortably.
Nonetheless
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, it cannot be done without the approval of the landlord. In
this
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situation,
people
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need to find another place to live in to fulfil their desires and it is difficult for them to leave a familiar place and stay in the new environment.
Therefore
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, it is essential to own a
home
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for some
people
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. Regarding
this
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trend, I believe that it is positive for
people
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because at least they have shelter to live in and they are free from the worry of paying monthly so that they can focus on their job.
Shelter
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The shelter
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is one of fundamental human’s needs; when it is lacking,
people
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always struggle for it by renting or trying to buy a
home
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.
Moreover
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, when
people
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have their own
home
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and they settle down in one place, they become interested in doing the improvements of that area
such
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as planting a tree in street making that area pleasant because they want to live in a nice environment. Another factor is that without the worry of paying rent every month, they can do a lot better in their work to get standard living for their family members. In conclusion, due to the facts that low cost of owning a
home
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in the long term and doable transformation opportunity,
people
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want to apply for ownership and I personally think that it is a positive situation for
people
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.
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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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