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

Owning their own property is of great significance to many
people
in various nations than simply renting one. They like to do so as it is an important milestone in their life and
also
look at it as an investment. In my opinion,
this
is a good situation as it gives
people
the freedom to live how they want as well as they can save
money
.
To begin
with, owning your own home is one of the life goals for many.
People
often have their own ambitions and work towards building or buying a house of their own for many years.
For instance
, many youngsters nowadays are saving
money
to buy their own properties; some want a cottage in the woods whereas some want a penthouse downtown.
Additionally
, it is a good form of investment. As it is observed generally that property rates grow substantially over the years. I believe that
,
Remove the comma
apply
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it is a positive situation as
people
would be able to save their
money
which they spend on rent and rather pay that amount on a mortgage as
in
Add the comma(s)
,in
show examples
the end, they will have their own home.
Moreover
,
people
do
this
as they get the freedom to reconstruct their homes as they like it, which is difficult to do in a rented house. In conclusion, buying a home is quite important for many than renting one as it is a life goal for many and
also
look at it as a form of investment. I believe it is a positive situation as
people
can save their
money
and
also
get freedom on, remodelling their homes.
Submitted by sharvinchougule 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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