Many people hold the view that it is better to buy their home rather than rent it. Do you agree with statement or not?

It is argued that owning your
home
is better than leasing it.
This
essay will consider why
this
is the case, and whether or not
this
is beneficial. On the one hand,
people
think it is necessary for them to buy accommodation because they believe that if they obtain a permanent
home
, they will pay attention to work to settle down their life. Nowadays, rental fees are pretty cost so renters must spend plenty of
money
to pay monthly. Of course, they
also
need to pay other costs
such
as eating, electricity bill, clothing, service and other demands.
Instead
of that
people
concentrate on earning
money
and purchasing a
house
which is acceptable for their budget.
Furthermore
, investing to buy a
house
also
helps you to make profits because you can lease to others who have decided to find accommodation.
For instance
, if someone wants to tie the knot, they will surely have confidence in getting married as they have their own
home
.
This
trend brings some positive things to
people
. Because when
people
want to become the owner of a
house
they will know the way to set aside
money
to make a purchase. From
then
on, they would not probably squander
money
on useless things.
For instance
, when
people
have the intention to buy a
home
, their shopping or eating habits will be changed to allocate
money
for buying the
house
. They will be less go shopping or buy some kind of must-have items which is wasteful. In conclusion,
although
there are some negative elements, I strongly believe that the positive sides do outweigh the negative ones. It is a good idea for
people
to possess a
house
compared to renting.

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Your opinion

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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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