Many People Hold The View That It Is Better To Buy Their Home Rather Than Rent It. Do You Agree With This Statement Or Not?

The majority of
people
argued that the best way to live is buying
house
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a house
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instead
of hiring
it
Correct pronoun usage
one
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. I pretend to agree with
this
statement because renting
house
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a house
the house
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is very uncomfortable. The first reason why
people
wish to buy their own
home
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homes
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is because it provides them with a sense of stability. Rental contracts are temporary agreements, often just between 6 and 12 months in duration,
at the end
of which you may have to leave and find alternative accommodation. Owning a
home
means you get to live there permanently. The second reason, and one which has grown in importance in recent years, is that owning your own
home
is seen as an investment.
Property
prices generally rise, so real estate can be a safe place to invest your surplus income.
House
prices in the UK,
for example
, rise by around 4%per annum
whereas
interest on bank deposits is close to zero. For individuals,
then
, there seem to be clear positive benefits to owning your
home
. But
overall
, I feel there are considerable downsides, both for individuals and for society as a whole. For most
people
, buying
property
requires taking out a mortgage, typically for a length of 25 years, and if at any time during
this
period
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,period
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borrowers are unable to maintain mortgage payments, they risk losing their
property
. For society as a
whole
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,whole
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there are
also
negatives. The demand for buying
property
leads to
house
price inflation, which can mean
people
on low incomes,
such
as young
people
, can find it impossible to buy their own
home
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homes
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, forcing them to rent. In conclusion, a desire for stability and seeing a return on your investments are key reasons behind the trend towards buying
property
, but despite these benefits, there are serious problems.
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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • property ladder
  • mortgage
  • rental agreement
  • down payment
  • equity
  • appreciate
  • rental market
  • monthly installments
  • credit score
  • repairs and maintenance
  • landlord
  • tenant
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