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.

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Introduction

Many adults all over the world strive for owning a property

instead

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of renting.

This

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might be due to social, or financial motives. Personally, I consider

this

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a very positive step with many advantages as will be illustrated in the following paragraphs.

Body · 1

People’s motivations to purchase houses can be enforced by their social image.

For instance

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, in the Western culture, having a house is considered a sign of maturity and responsibility, especially when planning to establish a family. Middle- Eastern Societies

also

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condition men to have their own private places in order to get married.

However

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, apart from cultural beliefs, possessing an asset is meant to be a great investment for the future.

Additionally

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, it gives a feeling of stability and security. Residents look at the owned dwelling as a long-term investment that can be sold in the future for a higher price

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or rented out.

Body · 2

In my opinion, I reckon purchasing a house is one of the greatest and most feasible goals in life. Particularly now, with the availability of various financial programs provided by the banks and the governments.

For example

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, the Australian government allows young employees to access their superannuation kept for retirement, and to use it as a deposit to buy a home. Undoubtedly, the economic value of an asset increases over time, compared to saved money.

Moreover

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, spending part of the income on paying off the instalments (mortgages) is considered an investment for a long-term project, while spending the same amount on

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temporary accommodation is just a waste of money, in my point of view.

Conclusion

In Conclusion, the desire for buying a house can be driven by different reasons, either cultural

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or financial.

However

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, as far as I am concerned, preserving money in the form of Real Estate

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has been always a winning card.

fatmasharaf191

Aug 2, 2022

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8
Linking words
meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
4
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 8.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

300 words

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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.

A person’s worth nowadays seems to be judged according to social status and material possessions. Old-fashioned values, such as honour, kindness and trust, no longer seem important. To what extent do you agree or disagree with this opinion?

Happiness is considered very important in life. Why is it difficult to define? What factors are important in achieving happiness?

Many people are afraid to leave their homes because of the fear of crime. Why do you think people are so fearful these days ?Do the merits of such a cautions approach outweigh the demerits?

An increasing number of children are overweight which could result many problems when they grow older both in terms of their health and health care costs. Why do you think so many children are overweight? What could be done to solve this problem?