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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In
this
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era where
people
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tend to look for a stable life, having a
home
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is
one
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of the conditions to fulfil.
People
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aim to have a
home
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to be a shelter for their families, and in the end, they will pass it on to the younger
generation
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of theirs.
However
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, it is disagreed that owning a
home
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brings much more benefits compared to renting
one
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in these modern days. Analysing the tax price and the maintenance fee,
as well as
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the need to hop on jobs
one
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after another will prove
this
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idea.
Firstly
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, having a
home
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costs quite a lot. As we all know, owning a
property
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means the owner has to pay the price of the
property
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, its tax,
as well as
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its maintenance. To illustrate
this
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, the government will definitely help its citizens to be able to buy a
property
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by giving them loans, it is still kind of pricey to pay the interest.
Therefore
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,
it is clear that
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owning a house is not very feasible in
this
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day and era where
people
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have to empty their pockets in order to buy land.
Secondly
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,
people
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, the younger
generation
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to be precise, like to change jobs in a short period of time. Contrary to the elder
generation
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that seeks stability in their old days,
this
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generation
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tends to seek jobs which have the highest pay rate.
This
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implies their need to frequently change homes by renting them.
Thus
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, it can be said that owning a
property
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is not a choice for youngsters.
To conclude
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, owning a
home
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brings more adverse effects to the community compared to renting
one
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. I believe the tendency to own a
home
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is quite a negative situation if they cannot control their expenses.
In addition
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, it is predicted in the future the increase in mobility in terms of
people
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hopping on
one
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job after another will make them prefer renting a house to owning it.
Submitted by fylerone on

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Your opinion

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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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