in some countries, owning a house rather than renting one is very improtant fro people. why might this be the case? do you think this is positive or negative situation?

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Nowadays, accommodation has become one part of personal assets. and they think it is very important for their lives.
This
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essay will explain and prove
this
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question.
To begin
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with. I think there are two main reasons why
people
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prefer owning a
house
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rather than renting one.
Firstly
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, a good accommodation will provide
people
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with more sense of safety. They do not need to worry about unstable life, becoming an owner will provide very much emotional value to the individual or family,
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secondly
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,secondly
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government need more tax from selling land, and real estate can provide a huge budget for the government. In some way, the government encourages the purchase of houses and
this
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is a good way to keep the social stable.
This
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situation is formed by some realistic reasons.
However
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,
this
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phenomenon is totally negative. real estate need to spend a lot of money from an individual. To explain, in today's time, the economy become more and more unstable,
people
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to need borrow money from the bank to buy a
house
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and it will take huge pressure.
For example
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, if one family need to pay a loan every month,
people
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's life will lose a lot of fun since they become cautious all the time. And need worried about costs every day. even losing a job or income pay will destroy the whole family and need a mortgage on a
house
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to the bank.
Moreover
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, real estate will limit
people
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's payments and give pressure on them. In conclusion, I think the opinion of owning a
house
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will make negative effects on
people
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's life, and residents should change their attitudes on
this
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issue.
Submitted by follzen1991 on

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  • such as
  • namely
  • to illustrate
  • take, for example

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