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?

It is true that in several traditional countries, citizens would like to buy
an
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accommodation
instead
of renting it. Reasons for
this
phenomenon vary, and in my opinion, it has both pros and cons. The following paragraphs would shed light on my viewpoint.
To begin
with, there are various explanations for the topic in question.
First
, possessing a
house
allows
individuals
to have more privacy. To be specific, the owners of a
house
have the right to decorate it based on their hobbies, which drives
to
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the benefits of mental health. If they rent an apartment, they need to ask for
a
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prior consent of the owners before implementing anything with it.
Second
, obtaining a
house
would reduce several kinds of monthly bills. To elaborate, it is undeniable that there are several rising costs if
individuals
rent an apartment, namely parking fees or elevator maintenance.
Therefore
, if citizens have the ability to possess a
house
on their own, they are able to use the space of the
house
to park, and
this
will be totally free of charge.
For instance
,
leasors
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lessors
in Vietnam usually force renters to pay the electricity bill three times higher than
its
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their
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real prices. It can be said that
this
phenomenon is both a blessing and a curse. On the one hand, the expenditure on owning a
house
is excessively high. Specifically, it is indisputable that
individuals
need to use most of their savings for buying a
house
, which leads to financial pressure. Worse still, to buy a
house
, several residents have to borrow money from banks with
high interest
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rates, and if they fail to pay the original debt on time, their
house
would be the assets of the banks.
On the other hand
,
this
enables a nation to develop its economy. To be specific, owning a
house
is the motivation of an employee. Admittedly, in order to purchase an apartment, employees shall have to work harder to earn more money. Thanks to
this
, work efficiency could be enhanced and
as a result
, the economy would be developed. Take Vietnam as an example, after the Covid-19 pandemic, the costs of
an
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accommodation in Vietnam are several times higher than previously.
This
prevents citizens from owning a
house
by themselves, and they need to find financial aid from credit institutions to own it. In conclusion,
individuals
would like to buy a
house
because of various reasons like privacy and money savings.
Nonetheless
,
this
would put
individuals
at risk in some cases.
Submitted by nttung.182 on

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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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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