In some countries owing a home rather than renting one is very important for people. Why might this be the case? Do you think this a positive or negative situation?

In today's society, owning a
home
is a prestigious issue. It is believed by a group of people that having own
home
is preferable compared to renting one. I completely agree with
this
notion and
this
essay will explain both pros and cons of having their own homes. As human beings, after having stuff for a long time, we would like to claim ownership. If anyone has his own
home
, it exactly means what it sounds like 'own
home
' and it is a very special feeling of owning something.
In addition
, we can do whatever we want to do at our
home
.
For example
, painting on the wall of a renting
house
would not be possible without the permission of the
house
owner but it is not necessary for people's own houses.
On the other hand
, renting a
house
has both positive and negative sides. The vital benefit is that there is no stress regarding the payment of the colossal amount of loan. As the price of houses is continuously increasing, it would be very challenging to pay the mortgage on time.
However
, nowadays, a renting
house
costs an arm and a leg, so everybody could not afford it.
Secondly
, there is no guarantee that how long a person could stay at a rented
home
because
this
is uncertain that the
next
landlord will like to have them as a renter. In conclusion, from the aforementioned discussion, I believe the benefits of having a
home
outweigh the drawbacks. I personally would prefer owning my
house
, because
then
whatever
Add the comma(s)
,whatever
show examples
happens, it is only on me, no one else.
Submitted by rumpa.bhowmick on

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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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