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 several countries,
people
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prefer to possess their own houses and avoid renting a
house
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. It is because they have some rational
reasons
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. In my opinion,
this
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is a positive trend for some
reasons
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which will be discussed in the following paragraphs. The majority of
people
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opt to have their own
house
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for two main
reasons
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. One of the main
reasons
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is that if they own a
house
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, they will not have to deal with the hassle of moving away and renting a new one. Finding a decent
house
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that corresponds to their interests and Moving to a new accommodation
are
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is
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stressful and need to be spent a lot of time and energy.
Thus
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,
people
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would rather save more energy and time by owning a
house
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and not undertaking
this
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demanding situation.
Also
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, some countries struggle with high inflation and economic recession
such
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as Iran, where the price of renting a
house
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has been soaring annually.
Therefore
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, the majority of folks cannot afford the high rents and they think that they can save more money if they live in their own houses. I believe that owning a
house
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outweighs renting a
house
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as
people
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can consider it as a valuable property, and they are free to change different parts of it.
Firstly
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, individuals who have bought a
house
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ensure that at least they have an asset in their lives.
For instance
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, two years ago a friend of mine could get a long-term mortgage and purchase a
house
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. Recently the cost of houses has doubled so he has sold it and not only could buy a new
house
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but
also
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he could pay all of his debts to
bank
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the bank
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.
Secondly
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, when you are the landlord, you are free to paint walls and decorate the
house
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on the basis of your interests. In conclusion, the advantages of being the owner of a
house
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are far more than its disadvantages.
Due to
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this
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this,
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you do not have to pay heavy rent each month and you can modernize it based on your own taste.
Submitted by kmibehnaz98 on

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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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