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 a negative situation? write at least 250 words

It is often observed that people prefer to buy a home in some countries for the purpose of ownership, and they consider it a crucial something, so; they do not like to rent a
house
.
This
essay will discuss the reasons behind
this
goal, and I believe that if humans own a home, they will get some benefits. At the outset, some folks like buying a home or an apartment,
instead
of renting it, and
this
phenomenon is common everywhere all over the world, particularly in developed countries
such
as Canada and the USA. What is more, there are some important causes which encourage individuals to adopt
this
idea.
Firstly
, if anyone buys a condominium or a flat, it will be an excellent investment because the prices of
homes
always jump up every year compared to the past,
For example
; in Canada, somebody bought a
house
for 200 thousand dollars, in 2000, but nowadays the cost of
this
house
is one million dollar,
hence
; he gains a lot of money.
In addition
to that,
this
type of investment is a safer one compared to the trade, as; the prospects of risks are minimal.
Furthermore
, when humankind owns a building or a condo, some pros are achieved.
For instance
, the psychological status of these people becomes better because they feel safer, as; nobody can discharge them from their
homes
.
Moreover
, the probability of increasing rent every year for a
house
or a flat will completely disappear because they become the owners. In conclusion, various reasons drive folks to buy
homes
and abandon renting them because the feeling of ownership confers them happiness and safety. I believe that when the population own
homes
or flats, many positive consequences are accomplished for them and their societies, so; the government has to support
this
notion.
Submitted by sm710129 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: