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 a positive or negative situation?

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The purchasing of a home would be seen as a significant role for Numerous
people
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throughout the world
instead
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of renting it. It is reasonable to expect beneficial results from
this
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decision.
This
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essay would describe how
this
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is occurring and propose a number of pros and cons. There are various privileges to Possessing a
house
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. Indeed, owning property provides
to
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apply
show examples
users a sense of stability. As an example, market fluctuations and the persistent threat of an economic downturn would result in unpredictable income. Since humans attempt to accomplish their needs at all points in their lives and constantly seek to establish a sense of security, they seldom seek out dangers and uncertainty. As a consequence,
homeownerships
Correct your spelling
homeownership
could be a preferable alternative for
this
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aim. It is usually difficult to make any changes at any time. And it's
also
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more inconvenient to modify locations and neighbourhoods. Most
people
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, especially children, may feel lonely and depressed by renting a
house
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, which is a significant disadvantage.
However
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, there are sure disadvantages
of
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to
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owning
the
Correct article usage
a
show examples
house
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.
For instance
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, the owner is responsible for paying taxes and municipal fees,
on the contrary
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, when
people
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rent the
house
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, they would not be liable for either. Provided that the air conditioner goes down, the renter should not be charged with its replacement or maintenance.
Consequently
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, money can be saved.
On the other hand
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, When
people
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have their own
house
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, they would not have any new
neighbors
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neighbours
show examples
to socialize with. In conclusion, it seems reasonable for families to have their own property due to feelings of security and stability rather than renting it.
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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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