In some countries, owing 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 ?

✨ Do you want to improve your IELTS writing?
Whether having own
house
Use synonyms
is beneficial or not is attributed to many factors. Overall, I believe the phenomena have positive effects. The possible reasons why it is substantial for
people
Use synonyms
to have their residence will be thoroughly discussed and analysed in the following essay in order to support my argument.
Firstly
Linking Words
, by buying their own
house
Use synonyms
,
people
Use synonyms
can minimize market risk exposure. Take my case
for example
Linking Words
. My flat contract will be renewed every January. Unless I terminate the existing tenant contract, the flat owner has a right to raise a monthly rent at their own discretion. Sadly, there is no choice for me but to accept the raise or to find a new flat whose rent will be within my budget. If I had my own
house
Use synonyms
, I would not be exposed to
such
Linking Words
a financial risk.
Hence
Linking Words
,
Correct your spelling
owning
show examples
owing
Correct your spelling
owning
show examples
a home is the suggestible solution to get rid of market risk, which would
otherwise
Linking Words
affect our monthly expenses.
Secondly
Linking Words
,
people
Use synonyms
can customize their own
house
Use synonyms
without any permission.
For instance
Linking Words
, due to
COVID
Correct article usage
the COVID
show examples
outbreak
Add a comma
,outbreak
show examples
the vast majority of the
people
Use synonyms
now work from home. If it is their own dwelling, we can renovate it as much as we can, e.g. changing the colour of the wall or extending kitchen
space
Use synonyms
. As home is
people
Use synonyms
's private
space
Use synonyms
, the more comfortable it is the more satisfied we are.
Nevertheless
Linking Words
, if we rent a
space
Use synonyms
, we are not allowed to change it drastically, and
therefore
Linking Words
the ambience must be less personalized. In conclusion, in view of having a relaxing
space
Use synonyms
, getting own
house
Use synonyms
is substantial. To summarize, in some regions it is critical to have their own dwelling since it is a compelling method to avoid market fluctuation and it is important to live in a comfortable
space
Use synonyms
for our mental health. After a thorough analysis of the situation where more and more
people
Use synonyms
acquire houses, it is clearly said that the positive effects of the situation are always greater than the adverse effects, and because of
this
Linking Words
, I maintain that the
people
Use synonyms
renting their dwelling should start considering buying a
house
Use synonyms
.
Submitted by mao.kaneko0204 on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

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
What to do next:
Look at other essays: