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 development?

These days, getting a
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an individuals’
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of renting one, has become an implicit requirement in many parts of the world, which catches people’s eye and sparkles fierce debate. The reasons behind
are multiple. First of all, a private dwelling is desirable to most people as it represents a sense of security, providing individuals with a place of warmth to live in and an asset whose value can remain stable over time.
, owning a
can make a person stand out in some regard. In some places, a residence serves as an important exponent of an individual’s financial capability, and folks with their own homes are usually deemed reliable and attractive to others, especially seniors in society. These are all the benefits that renting a
cannot compete with. From my personal perspective, the potential damage of
outweighs the positive outcome it can bring.
To begin
with, purchasing a residence considerably increases the financial burden of certain
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, as the amount of money it requires is much higher than that of renting one and often surpasses the savings a household collects, which means they usually have to buy it in a mortgage. In
case, a large part of their income will be used to pay the loans and they will have much less money to pursue for things they truly want.
In addition
, overemphasis on the importance of owning a private
can render those who are incapable of achieving it in an embarrassing situation, being criticized or even despised by others. In conclusion, families prefer to own a dwelling rather than renting one because of the feeling of security and power it can bring, and in my opinion,
is definitely a negative situation.
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task response
Task Response: The essay responds adequately to the task, presenting arguments for and against owning a home. The introduction and conclusion are clear, but the main points are not well developed. It would be beneficial to provide more detailed and balanced arguments for both sides.
coherence cohesion
Coherence and Cohesion: The logical structure of the essay is generally clear, with an introduction, body paragraphs, and a conclusion. However, there is a lack of coherence in the development of main points, which affects the overall organization of the essay. Use of cohesive devices to link ideas and improve the flow of the essay is recommended.

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Topic Vocabulary:
  • Homeownership
  • Property ladder
  • Real estate
  • Mortgage
  • Equity
  • Inflation hedge
  • Stability
  • Long-term investment
  • Asset
  • Liability
  • Housing market
  • Tenure
  • Down payment
  • Property taxes
  • Maintenance costs
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