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?

In certain nations, owning their own residence has been preferred by their
people
over renting
one
.
This
essay will elaborate on the reasons for
this
circumstance
and provide my arguments for why I think
this
is a negative situation. The potential cause of
this
situation is that it is undeniable that a dwelling is
one
of the fundamental needs in our life.
Therefore
, everyone undoubtedly needs it. Some
people
might prefer to rent ones owing to their fiscal predicament, but others think owning the house can reduce their expenses in the long term.
Moreover
, they will be able to have their own asset to gain more accreditation in terms of financial concerns.
However
, I consider
this
situation as an adverse
circumstance
.
This
trend seems to allow
people
to be more competitive and acquisitive in society. It is undeniable that nowadays, the cost of owning a dwelling is higher and more competitive than before, leading some
people
to consider owning a dwelling as
one
of the characteristics of being successful. From
this
, countless
people
have to be enervated from putting all their efforts to work all day long for owning their own dwelling.
Moreover
, when some only prefer renting
one
, they might be automatically considered as an unsuccessful person.
Thus
, I believe that
this
trend influences
people
adversely rather than positively.
To conclude
, in some nations, owning a home rather than renting
one
is very significant for
people
. The reason for
this
circumstance
is that a home is
one
of the basic needs of human beings. And some might think that purchasing a home on their own is able to reduce long-term rental expenses.
However
, I reckon that it is a negative
circumstance
.
Submitted by plengmarchx on

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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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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