In come countires, 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 negetive situation?

In the modern era, some individuals care a lot about buying an apartment rather than renting one.
This
has happened because of several problems and it can lead to some benefits and drawbacks which I'm going to explain more about in the rest of
this
essay.
To begin
with, numerous concerns can lead to
this
issue.
Firstly
, in some nations, renting prices are astronomical which can deteriorate people's financial conditions.
Hence
, it would be more affordable for fellows to merely pay once and buy their homes.
Secondly
, it is exhausting to move from one home to another annually and adapt to new societies and areas and
therefore
, it is more desirable for individuals to purchase one.
For example
, since my father bought a house about 5 years ago, I go to the same school every year and can meet my friends again.
Finally
, buying
an
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apply
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accommodation can be an investment for people which guarantees the issue that they won't have any
problem
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problems
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in their older ages in terms of housing. The prevalence of purchasing
house
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houses
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can have negative effects on the community as well. From
the
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a
show examples
psycological
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psychological
standpoint, meeting a low variety of people can negatively affect us and even lead to depression. Tenants,
for instance
, reside in new
neighborhoods
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neighbourhoods
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every year and deal with disparate landlords and
neighbors
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neighbours
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which
make
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makes
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it easier to make new friends but it is not true for fellas who own a house.
Additionally
,
this
phenomenon can drive up the price of real-state property and lure fellas from various markets like trading which are necessary for the economy.
To conclude
, the prevalence of owning a residence is beneficial to
a
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apply
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society and has some destructive
impact
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impacts
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as well that can be tackled.
Submitted by yasinisback8 on

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You are not ready for IELTS Speaking, if you

  • Can’t speak smoothly without pauses.
  • Use simple words and lack vocabulary.
  • Feel nervous and anxious when speaking.
Topic Vocabulary:
  • symbol of success
  • financial stability
  • wise financial investment
  • wealth accumulation
  • safeguard against inflation
  • sense of security
  • permanence
  • generational wealth
  • mental health and well-being
  • stimulates economic growth
  • over-investment
  • mortgage default
  • foreclosure
What to do next:
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