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?

In some parts of the world,
people
choose to own a
house
rather than rent one.
This
is
due to
the fact that they see owning a property,
such
as a
house
,
is
Correct your spelling
as
show examples
an investment for their future.
This
essay agrees that
this
phenomenon is a positive development
,
Remove the comma
apply
show examples
because as a
house
’s price is always increasing,
people
can rely on it as a backup when they face a financial crisis. Owning a
house
means having an
asset
. Meanwhile, when renting a
house
, it means
people
are just paying lots of money from time to time without ever having it. The so-called “property” is very critical for some
people
because they tend to have an
asset
as an investment for their future.
For example
, millennials in Indonesia are working so hard to buy a
house
because they believe they are required to have an
asset
at least
one
Correct your spelling
once
show examples
in their lives.
Moreover
,
this
essay stands with the thought that
this
phenomenon is a positive development since the price of a
house
is always increasing as
the
Correct article usage
apply
show examples
time goes by. In fact, when something goes wrong, one can sell the
house
and liquidate the money.
For instance
, some families who are facing financial crisis usually will sell their houses in order to pay their outstanding. In conclusion, owning a
house
is very critical for some
people
, because it means that they will have an
asset
. As the price goes up, they can sell the
house
and liquidate the money, in case they are facing some financial emergencies.
This
action is believed to be a positive development because
people
will have a safety net in their lives.
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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Summary
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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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