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?

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Nowadays, there are a couple of countries where their residents believe that having their own
house
Use synonyms
is superior to renting an apartment.
This
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essay will explain the reason and provide the writer's personal opinion regardless of
this
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situation.
First,
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living in an owned residence is far cheaper than renting a household.
That is
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why
people
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prefer to rent a living place.
This
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leads back to the fact that a large portion of these nations is coming from low-income populations, but the natural resources are abundant and their basic necessities aren't expensive.
Such
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as in Indonesia.
Therefore
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, it is still affordable to save their monthly earnings to build a home.
Besides
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, if
people
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pay rent regularly, there’ll be rising prices
due to
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the expected flow of money in the future. In the end, the sum of necessary money is way bigger than those who build their homes.
Secondly
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, in my opinion,
this
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situation is not bad at all. Because
this
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system works for them and there is equal access to afford a living place for everyone.
Moreover
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, the number of homeless
people
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there is manageable. On top of that, there are
also
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other options to live as long as an individual can’t afford to buy a place.
For example
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, staying at parents' or relatives' houses or renting a cheap
house
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with friends.
This
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statement aligns with the research result done at the University of Indonesia, that most
house
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owners in Indonesia have an experience of staying with their parents and renting cheap houses for a short period of time.
Finally
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, the conclusion is that low prices drive a huge part in why
people
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prefer buying their
house
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.
Also
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,
according to
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my personal view,
this
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situation is positive and beneficial for them.
Submitted by pranipradani on

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Your opinion

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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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