In some countries owning a home rather than renting one is considered very important. What are the causes of this? Is this a positive or negative development?

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People
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in some nations consider owning a
home
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much more important than renting one. Living in a self-owned
home
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gives a feeling of stability, comfort and security. In my
opinion
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opinion,
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whether it is a positive or negative
situation
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depends on many factors.
People
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owning a
home
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do not have to worry about the landlord nor do they have to pay a monthly rent.
Hence
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, they can modify their
home
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according to
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their needs and wants and feel secure in it. For many, the
home
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is like
a
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apply
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heaven and so they spend quite a fortune on designing and decorating it. Some
people
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,
on the other hand
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, consider their
home
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as an investment which they expect to appreciate in value in the future. All in all, I feel that whether owning a
home
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is a positive or negative
situation
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is quite subjective, depending on the circumstances of the person. For
people
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who have the money to buy a big
house
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and few financial liabilities, their
house
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is an asset and owning a
house
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is a positive
situation
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for them.
However
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, most of the
middle class
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middle-class
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families buy a big
house
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which is often out of their budget. They fund
this
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by taking out huge loans and end up repaying the amount over a very long time.
This
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increases the interest they have to pay.
In addition
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to
this
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, they have to pay property taxes and insurance which are directly proportional to the area of a
home
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.
Furthermore
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, the electricity and maintenance costs get added to their everyday expenses.
To conclude
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, I feel that owning a
home
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can be a pleasurable experience if done within a budget.
However
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, it could turn into a negative
situation
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when a person buys a
home
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by getting a loan
that is
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way beyond his repaying capacity.
Submitted by ranayogesh5050 on

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introduction
You should create a stronger and clearer introduction, where you outline your main points and clearly state your opinion on the topic.
supported main points
Develop your body paragraphs with more specific examples and data to support your ideas. Each paragraph should focus on a single cause or aspect of the discussion.
logical structure
The essay structure requires improvements. Aim to have a clear progression of ideas, and use cohesive devices to guide the reader more effectively through your arguments.
complete response
Make sure to address both parts of the essay question. Discuss the causes comprehensively and also provide a balanced view on whether it is a positive or negative development, with clear reasons.
relevant specific examples
Incorporate precise and relevant examples that directly support your ideas, preferably from a variety of sources or personal experiences.

Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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Topic Vocabulary:
  • cultural norms
  • symbol of success
  • long-term investment
  • financial security
  • asset appreciation
  • personal autonomy
  • modify surroundings
  • social significance
  • tax deductions
  • generational wealth
  • community engagement
  • housing bubble
  • real estate market
  • economic stability
  • mortgage financing
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