In come countires, 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 negetive situation?

In many countries all around the world, people want to own a
home
instead
of renting
one
, and it is very important for them.
While
it is very hard to own a
home
for some families, it is a very good opportunity for every person to own a
home
. By aggressively increasing the population of the world, especially in big cities,
one
of the most vital things for a family and even for individuals is
home
. With limited resources for construction materials, the growth speed of house building in comparison to Population growth is not the same;
for
this
reason, the competition for buying homes is very hot and becoming a very challenging topic for people. Renting a
home
is a concerning thing because you are not sure in the next year the owner of the
home
will allow you to still live in the
home
next year or not, and it is
also
a very difficult action since it is necessary to prepare more money to extend your contract. I think it is very important to have a
home
rather than renting
one
, and of ,course there are some advantages to owning a
home
, but
this
situation is not positive. I believe the government has the responsibility to prepare and build homes for society. I know free land is very rare in big cities, so they should construct buildings in the countryside and near villages.
This
way, a family with a low amount of money can buy a
home
and escape renting. In conclusion, owning a
home
as opposed to renting is very vital, and these days it is
one
of the top priorities for the public all around the world.
Submitted by sa.aghadadi on

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Topic Vocabulary:
  • symbol of success
  • financial stability
  • wise financial investment
  • wealth accumulation
  • safeguard against inflation
  • sense of security
  • permanence
  • generational wealth
  • mental health and well-being
  • stimulates economic growth
  • over-investment
  • mortgage default
  • foreclosure
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