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?

#countries #home #people #be #case #situation

Homeownership brings a sense of comfort and accomplishment. In some parts of the world, buying a

house

is preferred compared to leasing it. I will discuss in

this

essay the reasons behind

this

and why I believe it to be a good trend. There are multiple significant reasons why owning a

house

is beneficial.

Firstly

, paying for a mortgage is an excellent long-term investment. It is considered a forced saving because, ultimately, the

house

becomes yours.

Conversely

, you will continue to pay rent because the

home

belongs to someone else.

For instance

, starting a mortgage at 30 years old for 30 years means by 60, the

house

is yours.

Furthermore

, payment for a

home

loan is fixed monthly, and any increment is usually predictable and small.

However

, rentals always increase over time, so to afford the same rental for the long term, people will need to downgrade to a smaller

home

. Homeownership is a good trend because it increases someone’s net worth, which is essential to accumulating assets and financial health. It helps in their future investments or career development.

For example

, when paid off, the mortgage will become equity. The owner may sell the

house

at a higher price or refinance. In the end, it gives financial freedom to the possessor. The same would not be seen for those who continue to lease homes. In conclusion, people who possess their own homes will have a long-term investment which in turn helps increase an individual’s net worth, which I believe is a positive trend. Wouldn’t it be great staying in a

home

without needing to pay during our old age?

Submitted by Jane on Tue Jul 12 2022

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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
Sentence 3 - Prediction or recommendation

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7Linking words
meeting the goal of 7 or more
2Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

270 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 9.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.5

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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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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?

Fully explain your ideas

In the future, nobody will buy printed books or newspapers because they will be able to read everything they want online without paying? To what extent, do you agree or disagree with this statement?

Beside a lot of advantages, some people believe that the Internet creates many problems. To what extent do you agree or disagree with this statement?

Do children behave better when they are physically punished or rewarded? Discuss both views and give your opinion.

Countries are becoming more and more similar because people are able to buy the same products anywhere in the world. Do you think is a positive or negative development?

Directors of large organizations earn much higher salaries than ordinary employees do. Some people think it is necessary, but others are of the opinion that it is unfair. Discuss both these views and give your opinion.