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?

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Home ownership
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Homeownership
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is extremely important for people in certain countries.
This
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is because of the way the
house
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rental system works,
such
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as raising the
rent
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every year. Owning a
house
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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
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in some countries, as well as the fact that
rent
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can be pretty expensive.
For example
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, in my country, the landlord is allowed by law to increase the
rent
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by at most two
percent
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per cent
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every year. The longer a person stays at a rented
home
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, the more he has to pay for it.
Moreover
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, the amount of money used for renting a small apartment in big cities takes nearly a
third
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of a person’s monthly income.
As a result
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, a lot of people have decided to buy a
house
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in the suburbs with a
bank’s
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bank
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loan.
First
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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
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could be a huge personal fulfilment.
Besides
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,
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homeowners
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home owners
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homeowners
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do not have to worry about paying the
rent
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at the end of every month.
Furthermore
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, they can save extra money to spend with their friends and family or pursue their hobbies and interests,
such
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as gardening and
traveling
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travelling
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. In conclusion, it is true that owning a
home
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is extremely important in some places, as the housing rental market is complicated and
rent
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cannot be affordable.
Therefore
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, making the choice to buy a place to call
home
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could be a positive thing.
Submitted by tr.zarwaihnin on

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Your opinion

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...do you agree or disagree?...do you think...?...your opinion...?

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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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