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