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

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People

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in some nations prefer owning a

home

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to renting one and

this

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is very important to them.

This

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is mainly because having a self-owned property can give

people

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

this

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

first

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benefit is that

people

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owning a

house

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

This

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

people

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, a

home

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

instead

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

home

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can be a great investment for some members of society.

For example

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

people

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who need room for temporary residence.

This

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scenario allows the owner to generate passive income.

Therefore

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, it will be beneficial for them in financial terms

On the other hand

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, buying a

house

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

first

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reason is that purchasing a

house

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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

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, 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

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

This

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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

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. In conclusion, I strongly believe that owning a

home

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

However

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, it can turn into a negative situation when

people

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

Therefore

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

house

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Submitted by misstiasclassroom on Wed Jan 04 2023

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

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

4 paragraphs

366 words

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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?

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Some people say that advertising is extremely succesfull at persuading us to buy things. Other people think that advertising is so common that we no longer pay attention to it. Discuss both views and give your own opinion.