In some countries, owning a home rather than renting on is very important for people. Why might this be the case? Do you think this is a positive or negative situation?

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In many nations, owning a home
instead
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of renting is a highly essential goal
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due to
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for
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several reasons. And one of the significant reasons is the issue of financial security.
Hence
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, I fully agree that having a home by myself is crucial in my life. In my essay, I will explore the underlying crucial reasons for housing ownership.
Moreover
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, I will evaluate whether the situation is positive or negative.
Firstly
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, homeownership can ensure that an individual has a stable place to live and does not have to worry about rent increases or being forced to move.
Additionally
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, housing ownership provides a sense of psychological security, helping people feel comfortable in their daily lives. And especially, homeownership is not only a financial investment but
also
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reflects one's social standing.
For example
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, consider a family that invested in an apartment in a well-located area of Ho Chi Minh City a decade ago like Vinhomes Central Park. In recent years, the real estate market in Vietnam, especially in Ho Chi Minh City, has experienced significant growth and property appreciation. Many individuals who purchased apartments a decade ago have increased the value of their properties.
Therefore
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, from my perspective, property ownership is positive because it increases wealth and is a symbol of success in life.
This
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can ensure financial stability in the future and provide opportunities to enjoy life after retirement.
For instance
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, real estate holds benefits from appreciating property values and stable accommodation in retirement.
On the other hand
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, renters must pay rent and lack long-term financial stability. In conclusion, in my opinion, owning a home can bring numerous benefits to individuals and society.
However
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, the choice of homeownership over renting in some countries is influenced by cultural, economic, and social factors.
Furthermore
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, the appreciation of real estate value makes people more attractive.
Nevertheless
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, whether
this
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is viewed as positive or negative depends on individual and societal circumstances.
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task response
Ensure that the essay maintains a clear and consistent focus on the given topic throughout. Develop and support your arguments more effectively, and avoid veering off-topic.
coherence and cohesion
Improve the organization of the essay by using appropriate linkers and transition words to connect ideas and paragraphs more effectively.
lexical resource
Expand your range of vocabulary, especially in expressing ideas more precisely and fluently. Additionally, ensure the accurate and appropriate use of vocabulary related to the topic.
grammatical range
Work on sentence structure, including the use of complex and compound sentences, to demonstrate a higher level of grammatical accuracy and variety. Pay attention to correct verb tense usage and sentence construction.
Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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