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
this
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
, the thought of possessing a
home
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
circumstance is a natural human drive for security and prestige, but it presents many negative aspects.
To begin
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
.
Moreover
, buying a
home
is an essential component of human life displaying extremely deep meaning both mentally and physically.
For example
, in terms of Vietnamese spirit, the
house
is considered a particularly major life milestone and a successful achievement.
Consequently
, the size and condition of
people
's
home
has
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have
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become a sign of their social standing.
Secondly
, investing in a
home
is considered a profitable option by many
people
. 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
, the value of
such
an asset may increase in a few years, so many
people
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
is extremely important in terms of motivation.
However
, 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
who cannot
affordable
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afford
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for a
house
. Especially when purchasing a
house
in a city where real estate values are unreasonably exaggerated.
As a result
, if
people
wish to buy a
home
, they will consider the deep economic pressures. I believe that the combination of
this
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
favor
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favour
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house
ownership rather than the rental option might be caused by cultural and economic aspects.
However
, if
this
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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