in some countries , owing 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 negetive situation

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In today's world, housing issues have placed on top of
people
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's lives. Some individuals buy a
house
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and others only want to rent. If we could focus on some special societies, it would be obvious that
people
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's tendency to purchase residences for themselves is high. The situation comes out of the economic disorder and it can be positive for those who had bought the
house
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and negative impact on the economy, Harvard
Business
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Review has indicated. On the one hand, buying a
house
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could be assessed as a person who can be protected from inflation or getting under the bread line. First of all, the world faces inflation in housing
moreover
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it is said that housing is most of our expenses one out of a third on average. Undeniably, statistics show that housing prices for a Canadian family dabbled during the
last
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decade.
Thus
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the owners get rich and they are protected from the extra costs and they only pay the loan that they have gotten for their residence.
Therefore
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, it’s the positive side of
house
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ownership
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.
On the other hand
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, studies show that housing has blocked half of the assets that could be used for manufacturing and national growth. HBR study shows that
house
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ownership
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can decrease productivity in their owners
thus
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they might not into growing their businesses. In comparison, some who invest in
business
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,
instead
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of real estate, help more GDP growth and job growth. A great instance can be a comparison between a factory line and a
house
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. With only one million dollars it is possible to create a furniture factory with an average 250k annual income and provide stable jobs for 7
people
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but a
house
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only makes 50k annually.
Therefore
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,
house
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ownership
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reduces productivity. In conclusion,
while
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house
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ownership
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protects
people
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from economic problems in the long term,
business
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investment could be highly efficient for the community. So, in my opinion, if it’s possible to invest in the
business
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, might be better for the economy.
Submitted by aryanali808080 on

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coherence cohesion
Make sure the introduction clearly presents the topic and outlines the essay's structure, to immediately establish a strong logical flow.
coherence cohesion
Link ideas and paragraphs with a variety of cohesive devices, but ensure they always contribute to the overall coherence of the text.
coherence cohesion
Work on developing main points with more detailed explanations and relevant examples to support each argument.
task achievement
Fully address all parts of the task by ensuring a more balanced discussion between why home ownership may be important and whether it's a positive or negative situation.
task achievement
Use the conclusion to clearly summarize the key points made in the essay and directly answer the question posed about whether home ownership is positive or negative.
task achievement
Provide specific and relevant examples to illustrate your points. Examples from reliable sources or identifiable case studies would enrich your task response and help to demonstrate a clear understanding of the topic.

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:
  • sense of security
  • financial investment
  • transient
  • appreciates
  • 'wasted' expense
  • cultural and societal norms
  • symbol of success
  • milestone
  • adulthood
  • control and freedom
  • modifications
  • landlord restrictions
  • generational wealth
  • inheritance
  • financial planning
  • community stability
  • value appreciation
  • financial strain
  • property maintenance
  • economic sectors
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