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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Some
people
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believe that buying a
house
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is more beneficial than renting one, and there are various reasons to explain
this
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popular conception. Personally, I believe that
this
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is a positive trend in society’s mindsets. There are two main reasons why owning a
house
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is very important.
Firstly
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,
this
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is a one-time purchase, so when
people
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have their own homes, a sense of security is created. From now they no longer have to be worried about housing rental fees every month, which is very annoying and
also
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doubles or even triples their monthly living expenses.
For example
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, in the context of Covid-19, a lot of families lost their main income, leading to a lack of money. At that time, families who owned a
home
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literally felt more secure than others, since they would still have had their
house
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to survive even if the worst situation had occurred.
Secondly
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,
home
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ownership becomes a trend because
people
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want to live in a place
that is
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exactly the same as their dream. They aspire to have all the authority to build and decorate as they like, without being hampered by others. I believe
this
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situation should be considered positive. Because the desire of owning a
home
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strongly motivates
people
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, they try their best in both work and life, which makes them become a better version of themselves over time.
This
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is an outstanding signal. Another reason is that houses have been seen as a lucrative form of investment, as real estate prices tend to increase in the long run.
For instance
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, in the year 2000, my uncle spent two billion to buy a
house
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, and after 20 years, he sold it for ten billion, as we can see, he made a profit of five times what he spent. In conclusion, the main motivation behind
home
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ownership stems from the desire of having a stable financial base and personal satisfaction. And I
also
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think that
this
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trend has brung us a lot of value in today’s world.
Submitted by ngoclamvu113 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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