In some countries, owning a home rather than renting one is very important for people. Why might this be case? Do you think this is a positive or negative situation?
It is often opinionated that having a home is more primary than renting one in some countries. A fluctuating economy and a steady rise in
property
value might be the causes of Use synonyms
this
situation. I believe Linking Words
this
is a positive Linking Words
condition
as it will benefit people financially in the future.
Use synonyms
Firstly
, economic fluctuation could influence Linking Words
property
prices significantly, especially in a turmoil Use synonyms
condition
. Renting fee really depends on the interest rate Use synonyms
that is
decided by the government at a given Linking Words
time
. Use synonyms
As a result
, the cost is not constant and changes over Linking Words
time
, creating an uncertain Use synonyms
condition
. Use synonyms
In contrast
, Linking Words
property
value is steadily increased over the years because its supplies far exceed its demands. Use synonyms
In other words
, the Linking Words
property
Use synonyms
price
is stabler than the renting Use synonyms
price
over Use synonyms
time
and it creates more confidence in buying the home.
Use synonyms
Secondly
, the condo Linking Words
price
nature that yields a steady increase annually could become a new investment instrument for the owner. Use synonyms
Moreover
, a condo is a shelter where the owner lives, so they could invest while living in it at the same Linking Words
time
. Use synonyms
In addition
, the Linking Words
price
Use synonyms
also
hikes consistently, yielding some profits every year for the landlord. Linking Words
This
practice is so common that even people are buying an apartment just for the sake of profit, not as a residential building. Linking Words
For instance
, a house in Beverly Hills was worth around $1 million and it just sold for around $10 million in 2020, giving $9 million profit over 12 years for the possessor.
To summarize, a recent preference for owning a house over renting one might be caused by the economic Linking Words
condition
and the attractiveness of it as an investment instrument. Given Use synonyms
by
those reasons, I believe it is a positive situation as it gives many advantages to the possessor.Change preposition
apply
Submitted by hpanduhimawan on
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