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

✨ Do you want to improve your IELTS writing?
In recent years, more
people
Use synonyms
concerned about the ownership of their properties.
Thus
Linking Words
, in some countries, residents prefer to buy a
place
Use synonyms
rather than renting it. In
this
Linking Words
essay, I will explain the reasons behind
this
Linking Words
issue and
then
Linking Words
delineate its effects on the community. The given argument normally arises from the critical economic situation and a poor regulation system. In areas, where high inflation causes the value of property to be increased, the rental cost is jumped yearly.
Thus
Linking Words
,
people
Use synonyms
should assign a greater portion of their income to have a home.
As a result
Linking Words
, individuals prefer to save money by owning their residential
place
Use synonyms
.
Moreover
Linking Words
, there is a lack of rules to advocate for tenants. Population who are looking to find a suitable
place
Use synonyms
, face unjustic agreements, which are normally benefited the owner rather than them.
For instance
Linking Words
, In Iran,
people
Use synonyms
prefer to buy a property in a side-city rather than rent a
place
Use synonyms
downtown because they are required to sign a guarantee check to ensure payment. The above issue has negative effects on
people
Use synonyms
and properties.
First,
Linking Words
the value of houses is going to be increased since there will be an increased demand for ownership. In
this
Linking Words
situation, the current inflation is
also
Linking Words
going to worsen.
Besides
Linking Words
, communities consider ownership as their main aim in life, despite the fact that they can invest in more profitable opportunities and obtain gigantic revenue.
For example
Linking Words
, in Iran, the majority of nations ignore the stock market's potential for future investment and rely on buying apartments only. In conclusion, economic destruction and an unsupportive regulatory system cause
this
Linking Words
phenomenon, and it will bring another increase in the price of residential areas and a neglect of other investment choices.
Submitted by zbafshar92 on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

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
What to do next:
Look at other essays: