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?

#countries #home #people #be #case #situation

People

in some nations prefer owning a

home

to renting one and

this

is very important to them.

This

is mainly because having a self-owned property can give

people

a feeling of stability, security, and comfort. From my perspective, whether

this

is an advantageous or disadvantageous situation depends on some factors. The

first

benefit is that

people

owning a

house

do not have to worry about the monthly payment or the landlord.

This

condition allows them to modify or renovate theirs based on their needs. For some

people

, a

home

is like their own heaven, and they may want to spend lots of their money to decorate it

instead

of paying monthly rent to the landlord. Another positive thing is that owning a

home

can be a great investment for some members of society.

For example

, some rooms in the houses can be rented for students or other

people

who need room for temporary residence.

This

scenario allows the owner to generate passive income.

Therefore

, it will be beneficial for them in financial terms

On the other hand

, buying a

house

can be a burden for some members of society, especially for those from the middle to lower class. The

first

reason is that purchasing a

house

is often out of their budget as the price can be higher than renting it. Some of them even need to take out big loans with a large amount of interest in order to afford a

house

, which can be resulted in the need to repay the loan in a very long time. The other major drawback is that they have to pay some additional costs,

such

as maintenance costs, insurance, property taxes, and electricity.

This

payment will make them end up in poverty as their earnings are less than the budget that they need to expense in order to get a

house

. In conclusion, I strongly believe that owning a

home

can be a pleasurable experience when being implemented on a budget.

However

, it can turn into a negative situation when

people

buy homes by getting a loan far beyond their repaying capacity.

Therefore

, it is important to consider the financial situation before deciding to buy a

house

Submitted by misstiasclassroom on Wed Jan 04 2023

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8Linking words
meeting the goal of 7 or more
3Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

366 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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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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?

Some people think that hosting an international sports event is good for the country, while some people think it is bad. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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As most people spend a major part of their adult life at work, job satisfaction is an important element of individual wellbeing. What are the factors that contribute to job satisfaction? How realistic is the expectation of job satisfaction for all workers?