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

In recent years, a number of

people

around the world have been inclined to own houses rather than rent.

This

phenomenon is caused by a few particular reasons. In

this

essay, I will elaborate on the specific culprits and my own view. For some

people

, having a

house

is one of their significant life goals. It happens globally nowadays and some countries regard houses as high-value investment resources that bring fortune in the future. Chinese,

for instance

, are well-known for purchasing real estate not only domestically but

also

in other countries as a financial investment tool. Added to

this

, it is undeniable that

people

can find a sense of psychological stability by owning a home, as they do not need to hire housing after finishing their rent contract. In some cases, it is a daunting task to rent their housing,

for example

, the fluctuation of the price of a lack of housing supply. From my perspective, having a

house

affects

people

in a negative way. First of all, it can suffer from financial strains. It is particularly if homeowners have a mortgage to buy a

house

that is

inexpensive. If

people

are unable to keep up with these interests, they may experience financial strain, which can lead to stress, debt, and even foreclosure. It is exemplified by the financial crisis that took place in the USA in 2008 triggered by subprime mortgages.

Secondly

, owning a

house

can

also

lead to economic inequality.

In other words

, homeownership is a key way for individuals to accumulate wealth, as homes generally appreciate value over time.

This

means that those who own homes are likely to have more wealth than those who do not, which can lead to a huge gap regarding economic inequality.

This

is what happens in the present time in different parts of nations

such

as India, and the Philippines where inappropriate social inequal is drawn by property issues. In conclusion,

people

in some countries have a tendency to own their properties as an invaluable investment resource and a way of psychological stability.

However

, I believe that possessing a

house

affects

people

negatively with financial strains and economic inequality.

Submitted by thisisaveryan on Sun Apr 16 2023

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Fully explain your ideas

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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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9Linking words
meeting the goal of 7 or more
2Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

6 paragraphs

358 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.5

Complete response

5.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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?

Fully explain your ideas

Some people say music is a good way of bringing people of different cultures and ages together. To with extent do you agree or disagree with this opinion?

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 negative development

Some people opine that large outdoor public buildings should be built in cities and towns. Do you agree or disagree?

Many feel that students today should learn practical skills at school such as car maintenance and managing a bank account. To what extent do you agree or disagree?