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, the
house
is very important in every person's life.
Therefore
, some
people
believe that the value of owning a
house
is higher than that of renting one. I am inclined to believe that
this
is a positive trend because a stable place where
people
live is the most significant part of their own life.
First
, many
people
in a number of nations have not been in
favor
Change the spelling
favour
show examples
of monthly rental for is a matter of long-term financial benefit. In reality, inflation is becoming more and more serious around the world which means the renting
house
gradually
rises
Wrong verb form
rising
show examples
day by day.
For example
, in Ho Chi Minh city, the average monthly lease in a suburban area has jumped a big step from
last
year. For
this
reason, if
people
buy a
house
outright
instead
of renting it monthly for a long time, they can save a lot of money because of avoiding rent inflation gradually.
Second
, many
people
buy a home for themselves
instead
of renting because having their own home is convenient and simple to modify. They can change everything in their own
house
according to their preferences.
For instance
, changing architecture, interior, and size. Homeownership even can change their
house
in a unique, strange way without having to ask anyone else's permission.
Therefore
, the owner of a
house
would be more active in rebuilding or redecorating the
house
than the person who has to rent a
house
.
However
, some
people
living in urban areas think that buying their own
house
is quite difficult because the price of buying a
house
is expensive.
Nevertheless
, the high purchase price of a home means that the rent there is equally expensive. Renters
also
have to pay the extra costs associated with renting a
house
with a high monthly price.
For example
, in Ho Chi Minh City today, tenants could pay additional management fees, and high parking fees. If
people
buy a
house
, they do not need to pay those fees.
Consequently
, individuals
also
should buy their own
house
when living in the city. In conclusion, homeownership is more affordable for
people
than monthly renting an apartment. Buying a
house
of own could help citizens be more proactive and save money.
Therefore
, if
people
own a
house
,
this
ownership would help them feel free from economic pressure,
thus
making them more positive.
Submitted by trankhanhnhi on

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Word Count

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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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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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