In some countries, ownig 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 #ownig #home #people #be #case #situation

Owning

instead

of leasing a house is perceived as indispensable for some individuals in certain nations of the world.

To begin

with, the fact of possessing a property might be seen as crucial by some people

due to

it somehow not only represents a means to secure financial stability but

also

allows the proprietor to save money. Investing in real estate can result in more profitable than contributing to a pension plan. To give a clear example, most of the population apport to a retirement pension plan for several years just to end up receiving little cash

instead

while

the R.O.I from renting a house represents bigger earnings.

Thus

pouring cashflow into buying a unit is equivalent to the housing expenses incurred by renting and

moreover

adds up to a more stable and safe personal economy later on.

Therefore

, purchasing over renting can be considered a positive decision in terms of saving and investment. In my opinion, it could be the safest manner of increasing your capital and assets

as well as

obtaining earnings from it.

For instance

, you can get a first property and luckily a second one so that you can raise your net worth and at the same time, gain a passive income in case you find some tenants to pay for it.

Hence

, money keeps growing

as well as

you lay back and enjoy your life. In conclusion, there are several reasons that support that owning is more beneficial than renting and it can contribute to a more equilibrate monetary situation during your retirement.

Submitted by davindergill98 on Tue Apr 04 2023

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11Linking words
meeting the goal of 7 or more
0Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

258 words

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: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

mortgage
equity
capital appreciation
renovate
lease
landlord
stability
investment
financial security
property values
community ties
personal freedom
privacy
initial cost
long-term savings

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In some countries, ownig 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?

Support ideas with relevant, specific examples

Some people say that schools should spend more money on computers, others say that more money should be spent on teachers' wages. Discuss both views and state your opinion.

Plastic bags, plastic bottles and plastic packaging are bad for the environment. What damage does plastic do to the environment? What can be done by governments and individuals to solve this problem?

At the present time, the population of some countries includes a relatively large number of young adults, compared with the number of older people. Do the advantages of this situation outweigh the disadvantages?

pie chart and table about fish imported and source in the US

Too much emphasis to given for education of the young. More government money should be spent to free time activity of young people. To what extent do you agree or disagree?