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 is a positive or negative situation?

In some countries,
people
are keen to purchase accommodation
instead
of renting one. In my opinion, culture and the current economic situation play essential roles in
this
trend
. Some
people
who choose to buy houses are mainly influenced by their own culture. Lots of cultures educate
people
that it is more stable to own their house rather than risk losing accommodations anytime. Those thoughts root in their mind, and when they want to choose the other path, the authority of tradition stops them. Another reason is that more and more
people
realise the economic
trend
is changeable, so they are unwilling to risk unreliable housing rent contracts, profit-oriented landlords, and the windswept international situation.
For example
, the war between Russia and Ukraine is an unpredictable event and made many
people
have to face the increasing price of renting, and it is unaffordable for most of them, making them homeless. In general, I tend to think owning a home has some positive effect no matter
society
and individuals. For the public, having a safety card in their hands makes them have nuts to make some high-risk investments to improve their financial situations and feel comfortable choosing their careers without considering the consequences of unemployment. As the whole
society
, the more
people
purchase a house, the governments receive more taxation to public money that helps countries' economic development.
Moreover
,
people
stay in the same place and have their real state, adding more stability to
society
. In summary, the
trend
that
people
from some nations prefer to buy a house was caused by their traditions and the economic situation. Since it can help individuals have more choice in their life and make
society
develop, I tend to think it is a positive
trend
.
Submitted by baozilyn 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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