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?

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In
this
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current era, the issues of over-population and urbanization have brought
new
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a new
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point
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points
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of
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apply
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in citizens.
Thus
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, the thought of possessing a
home
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is considered to be
greater
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of greater
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significance compared to the rental one. In my opinion,
this
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circumstance is a natural human drive for security and prestige, but it presents many negative aspects.
To begin
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with, the thought of settling down is inherent in many cultures, so the instability of renting a place might be a cause of concern for many
people
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.
Moreover
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, buying a
home
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is an essential component of human life displaying extremely deep meaning both mentally and physically.
For example
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, in terms of Vietnamese spirit, the
house
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is considered a particularly major life milestone and a successful achievement.
Consequently
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, the size and condition of
people
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's
home
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has
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have
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become a sign of their social standing.
Secondly
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, investing in a
home
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is considered a profitable option by many
people
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. Nowadays, with the ever-expanding real estate, there are more and more housing projects being advertised in the news with a variety of prices.
Moreover
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, the value of
such
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an asset may increase in a few years, so many
people
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might find it appealing to invest in properties. Specifically, with the rise in market prices, landlords might find it more beneficial to have their properties sold than to waste monthly rent. It is possible to argue that the importance of owning a
home
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is extremely important in terms of motivation.
However
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, it can cause
the
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a
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long-standing dilemma
to
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for
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people
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who cannot
affordable
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afford
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for a
house
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. Especially when purchasing a
house
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in a city where real estate values are unreasonably exaggerated.
As a result
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, if
people
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wish to buy a
home
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, they will consider the deep economic pressures. I believe that the combination of
this
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extreme stress and the internal strain caused by the battle to make ends meet has a significant negative impact on mental health. To summarize, the situation when
people
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favor
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favour
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house
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ownership rather than the rental option might be caused by cultural and economic aspects.
However
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, if
this
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trend will be continuously increasing, the negative prospects of
its
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it
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can be able to be
seriously
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serious
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as well as to many individuals are irrefutable.
Submitted by trankhanhnhi 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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