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?

Some
people
believe that buying a
house
is more beneficial than renting one, and there are various reasons to explain
this
popular conception. Personally, I believe that
this
is a positive trend in society’s mindsets. There are two main reasons why owning a
house
is very important.
Firstly
,
this
is a one-time purchase, so when
people
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
doubles or even triples their monthly living expenses.
For example
, 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
literally felt more secure than others, since they would still have had their
house
to survive even if the worst situation had occurred.
Secondly
,
home
ownership becomes a trend because
people
want to live in a place
that is
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
situation should be considered positive. Because the desire of owning a
home
strongly motivates
people
, they try their best in both work and life, which makes them become a better version of themselves over time.
This
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
, in the year 2000, my uncle spent two billion to buy a
house
, 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
ownership stems from the desire of having a stable financial base and personal satisfaction. And I
also
think that
this
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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