In some countries owning a home rather than renting one is very important for people. Why might be this case? Do you think this is a positive or negative situation? Write at least 250 words.

Having an apartment which you own is really a blessing for some nations. Some communities feel fortunate to have their own land while others opt for renting it. I believe that living in a self-owned
home
gives a feeling of stability, comfort and security. It depends upon various factors to make a judgment whether it is a positive or negative
situation
which
this
essay will discuss
further
.
Firstly
, the
people
who are living in their
house
don’t have to worry about the landlord nor do they have to pay monthly rent.
Secondly
, for many
people
,
home
is like heaven and
people
spend a lot on interior designers to make their area worth living.
Hence
, they have all freedom to reconstruct their infrastructure if they desire to change it.
Moreover
, other
people
consider their
house
as an investment which they expect to appreciate in value in the future.
For instance
,
people
who have enough money tend to buy more than one land as real estate, purchased with the intention of earning a return either through rental income or by the future resale. All in all, I feel that whether it is a positive or negative
situation
is totally dependent on the financial condition of
people
. For communities who have money to buy a big
house
, it becomes an asset so owning a
house
is a positive
situation
for them.
However
, most middle-class families have a tendency to buy a
house
that is
more than their financial capability. They fund
this
by taking out huge loans and as a consequence of
this
; they end up paying gigantic amounts with high interest on it.
On the other hand
, they have to pay property taxes and insurance which are directly proportional to the area of a
home
,
also
the electricity and maintenance costs get added to their everyday expenses.
Moreover
, if you own any land
then
you can
also
generate income from it by giving it onto rent to the needy.
For example
, you can
also
use that area for different purposes like organizing events, weddings, parties etc. of your family members and entertain others as well. To conclude, I would like to reiterate that owning a
home
becomes a positive
situation
if that individual is able to afford it financially and maintain it with a proper budget.
However
, it could turn into a negative
situation
when one buys it on a loan
that is
way beyond his repaying capacity.
Submitted by ankitapanjwani98 on

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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