housing and accommodation has become a major problem in many countries

The current global problem is that the supply of buildings is dwindling due to many reasons.
However
, in
this
essay, we would like to focus on highlighting the two main reasons. These two reasons are
interest
rates
and
construction
materials
. The
first
reason is that
interest
rates
are rising. People usually lend money to buy their house. if
interest
rates
are rising, some citizens can't get back the
interest
to the bank. Fed recently raised
interest
rates
, and people are cautious to buy their apartments. The National Statistical Office reported that Koreans buying accommodation is diminishing year on year.
Therefore
the more
interest
rates
surge, the more people can't pay off a loan to buy accommodations. The
second
main reason why a living place is lacking is
construction
materials
are expensive more than before. Since Russia invaded Ukraine, wood and titanium were difficult to import from Russia. These things are important for
construction
. Russia's customs service reported that exporting building
materials
diminished by 60%.
Hence
, supplying
materials
for
construction
is tough currently.
Consequently
, I completely agree with the statement about the negative effects occurring from Housing and accommodations.
Hence
it should be limited to some extent despite taking much time.
Submitted by cmk951005 on

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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