Owning a home is more important than renting one. Why might this be the case? Do you think it is a positive or negative situation?

Home ownership
Correct your spelling
Homeownership
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is extremely important for people in certain countries.
This
is because of the way the
house
rental system works,
such
as raising the
rent
every year. Owning a
house
is good for everyone, as it makes people feel like they have accomplished something in life. There are numerous rules and regulations when it comes to renting a
house
in some countries, as well as the fact that
rent
can be pretty expensive.
For example
, in my country, the landlord is allowed by law to increase the
rent
by at most two
percent
Change the spelling
per cent
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every year. The longer a person stays at a rented
home
, the more he has to pay for it.
Moreover
, the amount of money used for renting a small apartment in big cities takes nearly a
third
of a person’s monthly income.
As a result
, a lot of people have decided to buy a
house
in the suburbs with a
bank’s
Change noun form
bank
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loan.
First
of all, being able to purchase a place to live is an enormous achievement for someone. The feeling of living in one’s own
home
could be a huge personal fulfilment.
Besides
,
Correct your spelling
homeowners
show examples
home owners
Correct your spelling
homeowners
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do not have to worry about paying the
rent
at the end of every month.
Furthermore
, they can save extra money to spend with their friends and family or pursue their hobbies and interests,
such
as gardening and
traveling
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travelling
show examples
. In conclusion, it is true that owning a
home
is extremely important in some places, as the housing rental market is complicated and
rent
cannot be affordable.
Therefore
, making the choice to buy a place to call
home
could be a positive thing.
Submitted by tr.zarwaihnin on

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • permanence
  • stability
  • financial investment
  • equity growth
  • leverage
  • personalized living space
  • cost-effectiveness
  • psychological well-being
  • milestone
  • financial burden
  • maintenance and repairs
  • market conditions
  • flexibility
  • drawbacks
  • autonomy
  • property values
  • homeownership
  • rental agreements
  • mortgage payments
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