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?

Nowadays, having a
house
is
one
of the best investments people must consider.
This
is very essential as it comes with many benefits. For
this
reason, I think
this
is a positive situation. The essay below will discuss the views above at length.
First
and foremost, renting a
place
does not mean ownership ,
thus
, owning a
house
is very important because of several reasons
such
as having a
place
for retirement.
For example
, a study in Zimbabwe by Lisa Moyo in 2017 found that about 87 per cent of people who were retired from work had no
place
to call
home
.
This
is because during their fruitful years they could not save enough money to buy houses considering the economic situation in the country. In
such
cases, the government and relatives should intervene and offer a
home
. Unfortunately, more than half of the individuals do not get help.
Therefore
, I think it is wise to save and build a
home
to avoid
such
situations.
Furthermore
, a
home
is an investment for future generations. If parents manage to build a
house
, it means their children's future is settled
at
Change preposition
in
show examples
one
place
rather than renting where they can be told anytime that the rent contract has expired.
For instance
, if
one
owns a
house
, some of the rooms may be rented out so to get extra income and a lot of projects
such
as farming chicken can be done without rules from the landlord.
Besides
the mentioned, when things become tough in life, family members will have a
place
to stay and not live on the streets.
Thus
, building a
home
is the best thing parents and guardians can do for the generations to come. In conclusion, I think buying a
house
is far much better than renting
one
because it comes with many benefits
such
as having a
home
after retirement and settling a future for the whole family for good. These and other issues are discussed above.
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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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