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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Many people in a particular country opined that homeownership is more crucial than renting one.
This
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is because they argued that it is more efficient and can function as a long-term investment in the future, and I believe that
this
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way of thinking will bring positive results. The main reason why owning a residence is more favourable for some folk is they could save money since they do not need to pay the monthly rent to the landowners.
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, they could allocate the budget to buy furniture, electronics, etc to fill up their own property.
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, some people believe that having their own home is a good start for a long-term investment. Especially those who are preparing for pension, they think they can sell their
house
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during a hard time.
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, many individuals are keen to have their own
house
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for their benefit. Having
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way of thinking, I suppose, will bring a positive impact on society owing to the fact that it will encourage individuals to work harder so that they can afford to buy their dream
house
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rather than decided to rent.
For instance
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, one of a friend of mine has already bought their
first
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apartment in his 20s because he wants to be prepared in the long run.
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, given that he already has his emergency fund, he does not need to worry if something happens in the economy. On top of that, having a
house
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means that other families can
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benefit by gathering at housewarming events.
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way, it will strengthen the bonds among family members. In conclusion, by understanding the benefit for long-term gain, a community believe that owning a
house
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is better than renting one.
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, having a
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is beneficial not only for the homeowner itself but
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for relatives.
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, I am convinced
this
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situation will be a positive development.
Submitted by aulia.muthia 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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