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?

With today's rapid economic development, many
people
have trend invest in their own homes. Rather than renting, some
people
argue that purchasing a
home
is significantly important. I will explain why
this
is happening and draw some conclusions in
this
essay. The
first
reason
people
want to own their own
home
is that it gives them a sense of stability. Owning a
home
makes you feel more comfortable and secure because you don't have to worry about the rental period. Rental contracts are short-term contracts that may require you to leave and find alternative housing after the term.
Therefore
, you can reside in your
home
permanently if you own it. The
second
reason, one which has grown in importance in recent years is owning an accommodation is the best financial investment strategy no matter where you are in the country. The
house
's value will increase over time and can be sold anytime you want.
For example
, real estate has grown up to a certain time
that is
a safe place to invest your surplus income by receiving high interest.
Thus
, many
people
want property assets like owning a
house
. It might be argued that owning a
home
should be important for
people
. There seem to be clear advantages to owning a property. But overall, I believe that
people
buying houses massively would easily lead to
house
price inflation.
This
means that it is difficult for
people
with low or middle income to buy their own homes.
For example
, most
people
who buy a
house
have to pay mortgage tax during the grace period, and if after that time they are unable to pay, they risk losing their property. In conclusion, owning a
house
is advantageous to each nation's citizens.
Although
this
is not bad at all to buy a private
home
, it is an economic burden on the owner.
Submitted by trankhanhnhi on

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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
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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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