Introduction
The members of certain areas claim that being a houseowner can bring more benefits than being a tenant. The following essay will first suggest that the biggest reasons for
this
assumption are the stability and the potential for long-term investments, and Linking Words
then
demonstrate that Linking Words
this
is a negative trend since it exacerbates the financial strain and owners are unable to withdraw the expenses if they intend to vacate.Linking Words
Body paragraph 1
The foremost reasons for the significance of homeownership are that it can provide a high level of security and generate opportunities for purchasers to earn an extra source of income.
Firstly
, as the public can avoid accommodation hunting when a rental contract expires, they can focus on other important decisions Linking Words
such
as career goals or marriage, which altogether boosts their living standard. Linking Words
Secondly
, the settlement of the mortgage empowers buyers to rent out a portion of their property, so they are likely to compensate for the paid expenses and earn additional income. Linking Words
For instance
, in 2020, many landlords in urban centres decided to refurnish their rooms as homestays for rent and Linking Words
this
has brought them large sums of money.Linking Words
Body paragraph 2
However
, the trend that many individuals value the possession of a residence over rented accommodation is negative Linking Words
due to
its contribution to financial issues and the freedom of relocation. If unexpected difficulties, namely job loss or a decrease in wage, arise, it can be overwhelming to balance between redeeming property taxes and covering utility bills, which raises concerns about eviction or stress. Linking Words
Furthermore
, Linking Words
while
tenants can easily terminate a rental contract and find a new place if they are not satisfied with their current accommodation, it is very difficult for homeowners to do the same. A clear example can be seen with Indonesian citizens who relocate to a region without knowing the existence of a nearby active mountain. Linking Words
Therefore
, they either have two options: either make their residence available for a cheap rent or accept living in fear.Linking Words
Conclusion
In conclusion, I believe that purchasers in some countries now prefer to buy their homes because they seek stability and a way to make a profit.
Nevertheless
, unless thorough considerations are made, homeowners may face undesirable outcomes Linking Words
as a result
.Linking Words