The phenomenon of the housing crisis is pervasive around the world, and some
people
Use synonyms
could not
afford to buy houses and Wrong verb form
cannot
properties
for their living. Use synonyms
This
essay will look at the reasons for Linking Words
this
and propose some solutions.
There are several reasons why Linking Words
this
situation is prevalent in many nations. Linking Words
Firstly
, the world’s population is growing and, it needs more housing and accommodations in order to cope with the current world population. Linking Words
This
has led to enormous investment in housing, and land and property prices are skyrocketing. In Singapore, Linking Words
for instance
, the property price is double, compared to the price three years ago. Linking Words
Secondly
, some rich Linking Words
people
buy more land and accommodations as an investment. Use synonyms
This
has Linking Words
become
housing prices to increase, and low and middle-income Verb problem
caused
people
could not afford to buy houses or apartments.
Various possible courses of action could be taken to tackle the above. In the first place, the local Use synonyms
government
has to set some arrangements for impoverished and low-income Use synonyms
people
, Use synonyms
such
as building affordable housing, Linking Words
low
Correct word choice
and low
mortgage
or Fix the agreement mistake
mortgages
low-interest
Correct your spelling
low interest
rate
for loans. Fix the agreement mistake
rates
For example
, there is a scheme, in Australia, that some regional Linking Words
government
provides a co-shared plan for buying a house. Use synonyms
In addition
, a Linking Words
government
can enact a legal law or set a limit for its citizens to buy limited Use synonyms
properties
with tax. Use synonyms
For example
, in Singapore, a couple can buy only an apartment and a private property Linking Words
such
as a condominium for the maximum.
In conclusion, various factors Linking Words
such
as population growth, skyrocketing home prices and unlimited buying of Linking Words
properties
by some businessmen, have led to difficulty for some citizens to own houses. Use synonyms
This
is a serious problem, and unless the Linking Words
government
controls Use synonyms
this
situation by means of enforcing necessary laws, and guidelines and providing grants or affordable Linking Words
properties
to needy and homeless Use synonyms
people
. My view is that the main responsibility for solving Use synonyms
this
problem lies with the Linking Words
government
.Use synonyms
Zin