In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think it is a negative or positive development?

In some countries, purchasing a
house
is more crucial
instead
of renting a
house
.
This
, in my opinion, results from the mind of the boomer
generation
where every human being should have their own building. It should be viewed as a negative development because it can be harmful to the younger
generation
’s finances. Most of the oldest
generation
may give advice to the latter
generation
that it is beneficial to have our own
house
as a building that can live in forever. It is happen because, at their ages, it is easier to get home because of mostly their salaries are high enough compared to their monthly expenses, so they can save plenty of money. In fact, a lot of houses in cities in numerous countries has owned by the elderly age and even they may have more than one
house
in their country. Unfortunately, young ages nowadays mostly can not afford to buy their
house
and choose to rent a flat because the price of houses is increasing. Unfortunately, they are financially unstable. Renting a
house
is more realistic for young age because they can afford to build for a living and
also
sufficient for their basic necessity
such
as groceries, electricity, internet connection, and so on. And
this
is what most groups did to balance finances. In conclusion, spending money to buy a
house
gives advantageous so we can live in our own home ever after without thinking of paying for the monthly flat bill. Sadly, the young generations
such
as
generation
millennial
Fix the agreement mistake
millennials
show examples
and
generation
Z mostly can not buy
a private houses
Correct the article-noun agreement
a private house
private houses
show examples
, so it is risky for their finances.
Submitted by misstiasclassroom on

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • Homeownership
  • Property ladder
  • Real estate
  • Mortgage
  • Equity
  • Inflation hedge
  • Stability
  • Long-term investment
  • Asset
  • Liability
  • Housing market
  • Tenure
  • Down payment
  • Property taxes
  • Maintenance costs
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