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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Many people in several nations believe that having a

house

Use synonyms

is essential compared to only renting it. I personally think that

this

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is a misleading perspective

that is

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developed by old people since a

house

Use synonyms

’s

price

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is not worth the money nowadays.

In contrast

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, leasing a residence Since a long time ago, a

house

Use synonyms

has been considered a good investment by old generations and we were influenced by

this

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thought.

However

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, the

price

Use synonyms

of a

house

Use synonyms

is already costly and unrealistically expensive.

As a result

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, the young generations with low-middle wage ranges can not afford it in cash and need to purchase it with an instalment scheme

instead

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, which is imposed to a high interest and beyond its actual value.

For instance

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, a

house

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instalment scheme forces to pay the rising interest of around 10-12% per year when the actual

house

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’s

price

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only increased by 9-10% annually. People’s expenses on a

house

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are actually higher than the

price

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of it. That

also

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means that a

house

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is no longer a great investing instrument because once it is sold, the selling

price

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will be less than the buying

price

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. In fact, renting a

house

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costs less than buying it.

This

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option could be benefited more since it allows to have a better cash flow.

For example

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, the budget could be allocated to more profitable investments

such

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as stocks, or deposits which will assist to grow savings.

This

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will result in a healthier financial situation for a person.

To sum up

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, the old-school thought is what brings to the idea of the importance of owning a home

due to

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its potential profit as an investment.

However

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this

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idea is not compatible anymore

due to

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house

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price

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with instalment payment costs being higher than they should be.

Furthermore

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, purchasing a

house

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is a worse investment option compared to securities.

Submitted by nurikasetyar on Sun Mar 19 2023

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13
Linking words
meeting the goal of 7 or more
2
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: 6.0

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

307 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?

The best way to motivate employees is to increase their salary. Do you agree with this statement? Are there other ways to encourage employees to work better?

In many countries around the world, rural people are moving to cities, so the population in the countryside is decreasing. Do you think this is a positive or a negative development.

In the past it was only possible to contact people at home by letter or telephone. Nowadays, mobile devices mean that we can communicate with people anywhere and at any time. Do the advantages of this outweigh the disadvantages?

The government should put a tax on unhealthy food to encourage people to have healthy life. Do you agree or disagree?

Should humans adapt to technology or should technology be adapted to us? Is technology making us intellectually weaker or more intelligent?