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?

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