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 recent years, estate agents have become increasingly dominant in the business market in our countries.
This
leads to the claim that
people
gradually tend to buy a private
house
to have their property
instead
of renting an accommodation. From my perspective, I agree with
this
point for the following reasons. Investing in achieving personal property is one reason
people
have to own a
home
. There are countries where the
rent
is as high as paying a mortgage.
As a result
, it is more realistic to calculate the amount for the monthly
installment
Change the spelling
instalment
show examples
instead
of the payment of the
rent
.
For example
,
people
can work constantly to buy a
home
in their thirties and pay it off in amortizations. It allows them to have a
house
by their retirement age, and not worry about paying extra other costs for accommodation.
Hence
, investing in assets under ownership certainly brings benefits in the future.
In addition
to individual possession, attachment and affection would motivate
people
to obtain housing. In reality, living for a long time in a
house
will make
people
have a special emotional connection to the
house
and surrounding
neighbors
Change the spelling
neighbours
show examples
.
In particular
, the elderly and children will adapt to a stable and familiar living environment.
For example
, if they live in a rented
house
at the end of their contract without a deal signed, it often takes a variety of time to habituate themselves to the new changes when moving to another place.
Therefore
, owning a
house
can control the quality of
people
's lives spiritually. Health enthusiasts might say that renting a
home
would reduce human mental health;
however
,
this
statement is dubious.
Although
renting a
house
could help you decrease the pressure when you are in charge of your finances rather than manage more funds for the
installment
Change the spelling
instalment
show examples
of the
house
. In a rented
house
, you will have to depend on the landlord.
For example
, you will get tension when you have to deal with the issue of overdue paying your
rent
or increasing your
rent
unexpectedly by the master of the
house
.
Therefore
, once we buy housing, we will have a stable place to live without worrying about possible unsatisfactory risks. In conclusion, having a personal asset and emotional adaptability, becoming the
home
's owner-occupancy is a perfect choice. Strategy development is a necessary method for investing and accumulating that achieves the goal of owning your accommodation in the future.
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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