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 some parts of the world,
people
generally choose to buy a home
rather than rent
one
. This
essay will explore the reasons why that happens and suggest that it is neither a positive nor negative situation.
All around the world, it is common for people
to want to own their home
. There are various possible reasons for Fix the agreement mistake
homes
this
, but one
significant factor is the financial aspect. Although
it can be uncertain due to the unpredictable nature of the economy, investing in real estate is generally considered to be a wise move because houses typically increase in price over a long period of time. Considering that people
need a place to stay,
and that banks will provide mortgages for only slightly more than the cost of Remove the comma
apply
rent
in many places, it thus
makes a lot of sense for people
to buy a home
rather than continue to pay for something that they will never own. An example is that one
couple might spend a thousand dollars per month renting a home
while another couple spends that same amount of money buying one
. After a decade or two, they will have spent the same amount of money but the ones who own their house will have a valuable property to sell.
There are numerous factors to consider in deciding whether this
is a good or bad choice, and ultimately it depends upon the people
in question. The investment aspect is certainly a positive factor to consider, but equally
Add a comma
,equally
rent
provides a degree of flexibility. People
who rent
a home
can move every few years if they choose. They also
do not need to worry about the cost of maintenance or losses due to a disaster. As such
, it really depends whether
Change preposition
on whether
people
care more about investment or freedom of movement.
In conclusion, people
differ in their attitudes towards buying and renting properties, and indeed there are both positive and negative factors to consider. Ultimately, this
is a matter of personal preference.Submitted by trankhanhnhi on
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