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?

Living in a world having witnessed many events that might change a life utterly, the perception to get a
house
becomes a focal point to discuss. A
house
can be an asset or a liability, it depends on
individual’s
Correct article usage
an individual’s
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financial level.
However
, no matter
is
Correct word choice
whether is
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it a possession or hidden debt,
house
owners
seem to feel more secure and immersed when living in their own place. Having a
house
, especially in a society with constant changes, would provide
the
Correct article usage
a
show examples
sense of stability for
owners
and guarantee that they can enjoy their own space. While the
one
Correct pronoun usage
ones
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with a
house
do
Change the verb form
does
show examples
not have to divide their monthly budget for renting, those with
the
Correct article usage
a
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lease still need to spend an amount of money to pay
rents
Fix the agreement mistake
rent
show examples
; and
this
might put them into difficult situations if they can not properly manage
financial
Correct pronoun usage
their financial
show examples
capacity. Considering the state of society, fluctuated or not, monthly renting payments can rise unexpectedly, worst still, landlords might be
unfavorable
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unfavourable
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, salary can not meet the rents, and these cases can only be solved by uprooting to other places, which causes many inconveniences. On contrary, even being unemployed or suffering ,
house
owners
still have a
house
as an asset,
do
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and do
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not pay for landlord every month, ensuring a decent life;
although
they can just remain
in
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for
show examples
a short period
but
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apply
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this
can not be seen in the lease. Buying a
house
enables
owners
to decorate and install necessary equipment without refraining
as in
Change preposition
from
show examples
the
Correct article usage
apply
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renting one.
This
is because most
of
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apply
show examples
Add an article
the house
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house
Fix the agreement mistake
houses
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that
serve
Change the verb form
serves
show examples
renting purposes are already shaped in a fixed shape and they are hardly allowed to change
,
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apply
show examples
if any it might take a high cost to make up for. Whether buying or renting is better is still dependent on financial
backgrounds
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background
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. To those with financial power, a
house
can be considered
as
Change preposition
apply
show examples
a
Correct article usage
apply
show examples
real estate or an asset that can be used
in
Change preposition
for
show examples
various purposes, modifying it to be a shop
for example
, and it can be easily sold if necessary. In
this
case, a
house
constitutes money
that
Correct pronoun usage
apply
show examples
set
Add a missing verb
is set
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aside, but they still bring about many benefits.
However
, with many that do not have enough financial capacity or love changing, renting is the optimal choice. Buying a
house
requires a great deal for
mortgage
Add an article
a mortgage
the mortgage
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which, in
a
Remove the article
apply
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research, is reported to cost a young 6-7 years to achieve
this
financial level and
then
they spend many more years
for
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apply
show examples
paying
debt
Add an article
the debt
a debt
show examples
. Making
house
Correct article usage
a house
show examples
purchase
Fix the agreement mistake
purchases
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while being not financially sufficient
also
comes hand in hand with many risks, which might crop out unprecedentedly, causing difficulties. In conclusion, having a
house
as a possession tends to offer more of a sense of security of enjoyment rather than renting in which payers
becomes
Correct subject-verb agreement
become
show examples
a
Correct article usage
apply
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risk-taker. Home
purchase
Fix the agreement mistake
purchases
show examples
, even though these benefits, should be made with consideration of financial capacity in a long run.
Submitted by NHD 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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