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 is a positive or negative situation?

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There are several disputes rising in some countries related to house ownership. Many
people
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tend to purchase land to build their own homes rather than being a tenant. From my perspective, thriving to live in freedom has been attributed to possessing a permanent residency.
Moreover
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, letting all
individuals
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live in their comfortable space will result positive impact on society. Building a house and owning it in their name is a dream for many
individuals
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. When an individual is planning to become a family, they are subconsciously concerned about their living space where everyone anticipates a comfortable
place
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to live independently. To support that perspective, there are various cases reported around the world regarding quarrels between a landlord and their tenants;
such
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as making noises and altering the infrastructures, and there are instances noticed where house owners are disturbing their tenants' privacy. These instances have led
people
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to decide to reside in their own
place
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.
Moreover
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, the sense of belonging brings solace and calm to the mental health which reminds them that there is always a
place
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called home to unwind their stress.
In addition
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to that,
people
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can decorate their places with their own consent without requesting permission from others. Letting
people
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own a building reduces several issues in the country. Many
people
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strive to work hard for the sake of their accommodation and food. If they save money by not paying rent, they may invest it in any other essential matters.
For example
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, in Sri Lanka, many citizens who live in rented houses, display negligence to visiting Health Centers. The primary reason is disclosed as the priority is given to paying rent and managing the financial needs of their family.
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, allowing one to own a
place
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, aids in improving mental and physical health. To summarize, it can be said that,
due to
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the surge in financial expenses,
people
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struggle to pay rent.
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, the idea of tranquilness they experience in their private living space encourages
individuals
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to buy a residence. Fortunately, it is expected to bring desirable consequences to communities as it ensures the
overall
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well-being of society
as well as
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individuals
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.
Submitted by rvaishali23 on

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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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