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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It has been discussed for several decades that owning a
house
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is better than renting one in some nations. In my opinion,
this
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issue has its merits and demerits, and I will explain them
as well as
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the reason in detail in the following paragraphs.
Firstly
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, in some eastern countries owning a
house
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relates to many positive impressions for traditional
people
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. Because purchasing a self-owned
house
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represents one’s socioeconomic status,
therefore
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, buying a department or a
house
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is a better option for some
people
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. To be more specific,
this
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sort of relationship between buying
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house
Add an article
a house
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or paying rent to the landlord might be caused by those conventional parents.
For example
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, in the Chinese New Year, those relatives are fascinated with asking young
people
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where is their
house
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or have they plan to buy one. If youngers have not thought about
this
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issue, those means relatives will show how disappointed they are.
As a result
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, compared with renting a department, it is more essential to buy a layer in a skyscraper.
Secondly
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, buying a
house
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brings manifold comes with many negative consequences in finance.
Although
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owning a
house
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can represent one’s strong financial backbone,
however
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, the huge cost will dig a big hole in one’s pocket, especially for those in their thirties. Have it not been for spending a great amount of money on the payment of
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a
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house
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, those young
people
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would not be imposed to work day and night, including sacrificing the weekends. In
this
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case, In conclusion, there are some reasons making
people
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think that buying a
house
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is their priority when it comes to housing issues. From my viewpoint, the drawbacks outweigh the advantages.
Submitted by chenoocn 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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