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?

Nowadays people can decide on the
house
that they want, it could be an apartment or a landed
house
.
Moreover
, they can choose between owning or renting a
house
, but in some small countries, owning a
house
is important from their perspective
as a result
of the price of property rising over the years, and
this
is a negative situation for the
government
since it could be hard to govern their community to design and develop their countries. First of all, the main reason why people in
this
modern’s era prefer owning rather than renting a
house
is because they believe owning a
house
could be an investment and give a more privacy for them as they can make a rule of their property.
Moreover
, they are not ruled by anyone
due to
they own their properties.
For example
, based on my experience, when I was a student in Surabaya (an Indonesian city), I rent an apartment, but I could not make a decoration inasmuch as the owner forbade me.
In addition
, the owner received my money since they did
investment
Correct article usage
an investment
show examples
in their apartment.
On the other hand
, in a small
country
, the
government
has made a law to restrict their community from buying a
house
with the aim of the land could be handled by the
government
in order to make the
country
comfortable to live in because the
government
can develop and redesign in the future.
For example
, Singapore has already made a rule to restrict their community to own their
house
and for those who are interested to buy, they have to pass the requirement made by the minister.
As a result
, the
government
can develop their
country
including augmenting infrastructures or transportation.
To sum up
, the reason why people nowadays buy their houses is
because
Replace the word
that
show examples
they want to do an investment and
also
it gives more space for them
such
as privacy and they are not ruled by anyone.
However
, in a small
country
, it could induce a negative situation because of land limitations.
Submitted by farel2300 on

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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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