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?

In some nations, owning
a
Correct article usage
apply
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private property has outweighed the pros of having a rented
house
.
This
is claim is very crucial for some classes of
people
, especially for the ones who belong to the middle class and lower classes. There are many motives for
people
to own a
house
. The
first
and foremost reason can be, security. Citizens who own a property will have a sense of security and stability, which cannot be obtained from rental houses. The
next
incentive is that it can prevent families from moving from one place to another. Moving in search of houses based on the financial status of the family can affect the mental health of the members, especially the child's health. Another reason is that
people
can evade the rentals and
instead
, they can use the same money on other investments. Owning
a
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apply
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private property can hold a family together.
For example
, during
the
Correct your spelling
that
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time
of
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,Covid-19 many
people
were thrown out of their jobs, which ultimately resulted in zero income.
This
led
for
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to
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the bread earner paying no rent to the
house
and
therefore
they were thrown out of the
house
as well. Many joint families had to dissipate for
such
reasons during the epidemic. Looking
upon
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at
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the bright side,
this
incident has motivated many
people
to save up their finances to afford an independent
house
. I strongly believe that
this
can ensure you a positive development because living under a private and safe roof will definitely strengthen the family bonds. In conclusion, security and evading the rentals are the main reasons for
people
to opt for
a
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apply
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private
house
ownership than that a rented one. I do reckon that
this
will hold harmony in the family and can be less burden financially.
Submitted by advaithsomula 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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