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 a positive or negative situation ?

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Buying a
house
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is the prefered choice than renting accommodation for living in some
countries
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.
This
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essay will describe the cause of
this
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circumstance. I believe it is a positive situation because it creates a tangible asset to citizens.
To begin
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with, the reason that people buy a
house
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rather than renting is that a price of a
house
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is affordable.
This
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situation occurs only in the
countries
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that accommodation prices relate to wages.
Moreover
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, owning a
house
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always be a better choice because it guarantees that one will have shelter even though the economic breakdown.
For example
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, Hongkong is one of the
countries
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which has the highest residential cost in the world. If their economy is disrupted and their real estate industry is a bubble. There will be many homeless in the country.
On the other hand
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, a
house
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is much cheaper in
Thailand
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and many citizens already own the
house
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. The economic bubble occurs in
Thailand
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many times, still, the rate of homeless doesn't increase. Acknowledging that owning a
house
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is important is a very good sign for a country. There are 3 main things that make individual life lives peacefully. They are enough food, having shelter, and having good health. If everyone gives importance to buying a
house
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, a
government
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can reduce capital to take care of the homeless.
In addition
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,
this
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money can go to other parts to develop the country. To illustrate, many farmers in rural areas of
Thailand
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start to own their farmland and build a
house
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on the land.
Although
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the
government
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of
Thailand
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is bankrupt, these people still have a
house
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to sleep
.
Change preposition
in.
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Furthermore
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, they still have crops, food, rice, and herb that they grow on their own land. In short, there can survive without any help from the
government
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. To summarise, in many
countries
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, owning a
house
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is important compared to renting a
house
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.
This
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is because, in some
countries
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, citizens can afford to buy a residence, whereas, in other
countries
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, the
house
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is too expensive.
This
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is a good circumstance because it reduces a
government
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workload to deal with
a
Correct article usage
the
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homeless and it makes people in societies live peacefully.
Submitted by ekkawin.v 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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