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?

✨ Do you want to improve your IELTS writing?
All in all, homeownership is often touted as a way to build wealth. But like any other investment, many factors can positively or negatively affect the process of buying or renting a house.
However
Linking Words
, I am a staunch believer that acquiring a
property
Use synonyms
is largely a positive development and
best
Correct article usage
the best
show examples
investment. In
this
Linking Words
essay, both questions, and my point of view will be demonstrated. To embark on, possession of an asset
such
Linking Words
as an apartment is a paramount part of life.
In other words
Linking Words
, a house is a fixed asset whose value will soar over time, and owning a residence brings intangible benefits
such
Linking Words
as a sense of stability and pride of ownership, improving the financial position, and enhancing social standing.
For instance
Linking Words
, in some countries
such
Linking Words
as Egypt, people who live in rental homes are considered poor.
Thus
Linking Words
, what can be said is that most individuals tend to acquire a private dwelling whatever the area
which
Change preposition
in which
show examples
they live in.
Moreover
Linking Words
, most members of society prefer to buy accommodations rather than leases to avoid the lease impacts. To illustrate, owning a home will not only ensure stability and increase net wealth for families but
also
Linking Words
avoid many demerits which will be arising from leasing contracts
such
Linking Words
as the burden of monthly
payment
Fix the agreement mistake
payments
show examples
for landlords.
In addition
Linking Words
, there are many positive aspects to having a
property
Use synonyms
.
For example
Linking Words
, the ability to pass down the
property
Use synonyms
to their children.
Hence
Linking Words
, Renters do not have the opportunity to make long-term investments in their
property
Use synonyms
, but homeowners get to capitalize on their home’s equity. In conclusion, after
this
Linking Words
essay has manifested the above-mentioned points, it can be reiterated that possessing a dwell positively enhances different aspects of human life.
Therefore
Linking Words
, I am convinced that individuals who can afford to buy a home should do it.
Submitted by mohammedlotfy2010 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: