In some countries, owning a house 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?

People
of
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in
show examples
some areas consider
so
Correct pronoun usage
it so
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significant to purchase a house in confront of
rent
Wrong verb form
renting
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it. In my opinion,
such
an idea stemmed from an economical situation
people
face it. I am
also
convinced that
this
viewpoint causes a wide range of adverse effects. It is my view that when in an area there is
a
Correct article usage
apply
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traditional economic management something like
building
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buildings
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or fields get the highest
price
. Oppositely, in developed countries,
Correct article usage
the economic
show examples
economic
Replace the word
economy
show examples
is planned to encourage producing and
developing
Replace the word
development
show examples
. Indeed, one of the crucial factors to evaluate the growth of a country is
amount
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the amount
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of production which they make
annualy
Correct your spelling
annually
to answer their internal consumption or even more
tro
Correct your spelling
to
export.
As a result
of that the
price
of
building
Correct article usage
a building
show examples
stays at the same level
during
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for
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a long time.
However
, in undeveloped countries houses see a dramatic rise in
price
yearly.
Consequently
, buying a house consider an investment.
Thus
,
people
are more interested in purchasing a place rather than facing
increase
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an increase
show examples
in
rents
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rent
show examples
every year. I
further
believe that having
such
an
economica
Correct your spelling
economic
economical
approaches leads to economical
cullaps
Correct your spelling
collapse
collapsed
after decades.
For example
, in my
country
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,country
show examples
people
send their stocks
on
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to
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the building industry. It means a broad portion of
cashes
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cash
amounts of cash
flows of cash
fistfuls of cash
show examples
wastes in an unproductive part of
country
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the country
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in which there is no
benefician
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beneficial
beneficiary
for development.
Therefore
, ruined industry
,
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apply
show examples
bankrupted
agriculter
Correct your spelling
agriculture
, and poor market end
to
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in
show examples
a destroyed economy that nobody would be successful in there, owner or renter. In conclusion,
economic
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the economic
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situation in undeveloped countries
devots
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devotes
divots
devote
highest
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the highest
show examples
price
to
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for
show examples
fields and buildings that
makes
Change the verb form
make
show examples
them popular to purchase. While, from my personal perspective,
this
kind of management leads to economic
cullaps
Correct your spelling
collapse
during
Change preposition
for
show examples
decades.
Submitted by reychitect on

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Topic Vocabulary:
  • homeownership
  • financial security
  • property appreciation
  • equity
  • mortgage
  • real estate
  • tax incentives
  • fixed asset
  • inheritance
  • economic mobility
  • housing market
  • maintenance
  • upfront costs
  • long-term investment
  • personal space
  • housing bubble
  • rental market
  • housing crisis
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