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?

#countries #home #people #be #case #situation

this

fast-moving globalised world, a

house

is considered a place where people can feel peace and happiness.

Therefore

, in certain nations, it is argued that owning a home is more crucial than renting one. From my perspective, even I believe that having your own

house

is more promising than renting one because it is considered a good investment and creates a sense of fulfilment in an individual's life. Primarily, owning a

house

is always considered a better investment than anything else in the world.

In other words

, the prices of real estate are at their peak and will continue to rise, allowing people to generate more capital from them.

For instance

, if you compare the price of your

house

when you bought it and now, you will be amazed by the profit your

house

earned for you.

Hence

, owning a

house

is a way to be more satisfied and happy.

Moreover

, a rented

house

will force you to pay the rent to others. To be more precise, whenever you live in a rented

house

at the end

of each month, you have to pay a decent amount of money to the owner of the

house

. If you have your own residence, you can save that money and invest it somewhere else where it can

further

grow your capital. Even houses bought in instalments

also

help people save money

while

filling up the taxes,

whereas

a rented

house

does not do so. So, renting a

house

will let you lose your income,

while

a private

house

will help you earn more income. In conclusion, owning a personal home is more vital than renting one.

This

is a positive situation that leads to a promising investment and a sense of satisfaction in our lives.

Lastly

, it can be recommended that

this

situation will continue to evolve in the future because real estate's value is growing proportionally to the population of the world.

Submitted by ramanpreetsingh8800 on Sat Jul 01 2023

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such as
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12Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

321 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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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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?

Support ideas with relevant, specific examples

Essentional vocabulary list for IELTS Writing 7+

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