In some countries, owning a home rather than renting one is very important for people. Why might this be the cause? Do you think this is a positive or negative situation?

#countries #home #people #be #situation

Everyone irrefutably wants to increase their wealth, be it by having multiple streams of passive income or by investments. Buying a

house

is considered to be of great importance for many

people

This

essay details the reasons for

this

belief along with its impact in the following paragraphs.

To begin

with, a

house

is considered to be a status symbol,

thus

pushing folks to put their savings into purchasing a

house

. To exemplify

further

, Indians often prefer buying a

house

to renting it as society values

people

who own rather than rent.

Moreover

, a

house

is considered to be an asset, that has an appreciating value always; which is why

people

tend to invest in the same expecting a constant return or passive income in terms of rental payments.

Furthermore

, many countries have low-interest rates on mortgages which encourages

people

to take loans to buy property;

this

is primarily done to increase the cash flow in the country

thus

boosting the country's economy.

However

, buying

houses

for the purpose of investment alone has negative effects. To earn profits, real estate agents often resort to the practice of flipping

houses

, which is buying at a low price and selling at a higher price.

This

unnecessary buying causes environmental issues like land encroachment and

pollution

as building

houses

emits a number of harmful greenhouse gases that causes air

pollution

as well as noise

pollution

. To illustrate

further

, a study conducted in an Indian state called Goa found that 30% of the

houses

have no one staying in them.

This

land could have been used to build parks or recreational centres for children and elders in society. In a nutshell, it is one's personal choice to buy or rent a

house

however

, buying just for the purpose of investment could have negative effects. It is our responsibility to ensure that the world is a more habitable place to live in for future generations. Together we can take a step towards

this

by pledging to reduce our personal carbon footprints to ensure that unnecessary

pollution

is not caused due to

house

building and flipping.

Submitted by pramey.j.j on Fri Dec 16 2022

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Support ideas with relevant, specific examples

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Linking words for giving examples:

for example
for instance
to illustrate this
to give a clear example
such as
namely
to illustrate
take, for example

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7Linking words
meeting the goal of 7 or more
4Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

350 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 5.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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In some countries, owning a home rather than renting one is very important for people. Why might this be the cause? Do you think this is a positive or negative situation?

Support ideas with relevant, specific examples

In some countries, most people prefer to rent their homes rather than buying them. What are the advantages and disadvantages of renting a home?

6.What skills will you need to develop to prepare for this career?

The most important aim of science should be to improve people's lives. To what extent do you agree or disagree with this statement

Car ownership has increased rapidly over the past thirty years that many cities in the world are now 'one big traffic jam'. How true do you think this statement is? What measures can governments take to discourage people from using their cars?