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 ?

In recent days, several individuals may consider it is more crucial to own a
house
than rent one in some countries. In my concern, there are several reasons for both situations and I will explain both standpoints. It is true that it is important for
people
to buy their own
home
,especially in certain countries. The main reason is owning a
home
is a symbol of safety. Parents may consider that owning a residence is secure and don’t need to worry about the drawbacks of renting a
house
.
Secondly
, there is a Chinese proverb that means own a
house
to begin
your career.
Finally
, why not use the money to buy a
home
instead
of paying rent. In
this
case,
people
may give the
house
to their children or sell it when the price is high to earn more profit.
Nevertheless
, owning a
house
may be quite difficult for several
people
such
as low-income families.
Firstly
, buying a
house
may require a loan from the bank. To pay the loan, the family may need to sacrifice some proportion of their income. Another reason is unexpected payments
such
as building insurance, furniture and maintenance fees.
Lastly
, the environment is not stable.
For instance
, more and more disasters are taking place all over the world
such
as tornados and earthquakes. If the apartment that the population own is destroyed by the disaster
then
it will be a financial crisis for some families. In conclusion, it may be important to buy a
house
rather than renting a
home
for several
people
. There are several positive situations and drawbacks to consider before owning a
house
.
Submitted by bsbwillie on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

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
What to do next:
Look at other essays: