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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It is significant for people to have a house
instead
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of renting it in a number of countries. What I strongly believe is
this
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situation may be because of economic reasons and it may cause both positive and negative situations. In
this
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essay, I will explain my thoughts about
this
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subject. First of all, I would like to start with why would humans want to own a place and not rent one. From my experience, the biggest reason is their government's finances. In some countries, their finances are not stable and because of inflation, they fluctuate all the time.
This
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makes citizens make investments for their future. Now, I want you to imagine an investment tool which can
also
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allow you to use it at the same time. Of course, buying a house is the best option for it.
Thus
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, they are able to live on their own property
while
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they are making a profit from it.
For instance
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, I would like to give an example from my father. He bought 2 houses in order to gain profit and we live in one of the houses.
Secondly
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, from my point of view, I am inclined to believe that
although
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it provides a good impact on the economy of governments,
on the other hand
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, because of the desire to buy a house, the number of houses may inclined to decrease and it is possibly going to lead to raise prices for properties.
For example
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, in the country where I live, the prices
are
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have
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increased and
this
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makes it harder to buy one. What I mean is it has both pros and cons. In a nutshell, all in all, it seems to me that because of finance,
while
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the number of owning a home increasing,
this
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makes changes both in positive and negative ways.
Submitted by fatmanurdonertas on

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task achievement
The essay attempts to address the prompt, but the response is somewhat limited and lacks depth. Expand on the ideas presented and provide more detailed explanations, arguments, and examples to fully respond to all parts of the task.
coherence and cohesion
The essay has a discernible structure, but it does not flow effectively due to some repetitive and disjointed sentences. Work on the logical progression of ideas by using cohesive devices appropriately and ensuring each paragraph clearly addresses a specific aspect of the question.
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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