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

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

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Your opinion

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...do you agree or disagree?...do you think...?...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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