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?
Due to
the rising inflation rate, people’s preferences have become more significant. Denizens from disparate parts of the World think possessing a house
is crucial and it surpasses renting houses. In this
essay, its reasons will be investigated and whether it is beneficial or harmful will be illuminated.
To begin
with, there are two main reasons why owning a home
outraces renting. The first cause arises from the fact that buying a home
once is more affordable than paying regularly. The sale price of a home
is calculated by multiplying the annual rental cost by twenty years. Therefore
, if a person plans to stay more than twenty years in the same place, renting the house
would not be a rational decision. Another cause stems from the possible conflicts between the landlord and the renter. To give an example, a broken fridge is not rectified immediately as the communication between the homeowner and the renter takes a long time. Moreover
, they can argue with each other during this
process. Thus
, individuals do not want to handle these types of problems, consequently
, they avoid renting a house
.
Additionally
, besides
its valid concerns, being a property owner is also
advantageous for residents. Firstly
, people who are owners of the houses where they live have the ability to behave however
they want. For instance
, some renters are not permitted to prepare events, such
as birthday parties, in their rental homes. On the contrary
, landowners can do whatever they want because there is no need to get permission from someone. Secondly
, despite the fact that a house
is a fundamental need for humans, it might serve as a profitable real estate investment. According to
an article in Harvard Business Review, the possibility of being financially independent is 54% more for property owners compared to renters, since the value of a house
can climb over years.
To sum up
, having a home
to live in is more essential than paying the landlord every month for folks in some nations since they think it is not only keeping people away from undesired debates but also
more economical. Furthermore
, it has some benefits, such
as being free and the potential growth in a home
’s value. Hence
, its advantages outweigh its disadvantages.Submitted by smd1212 on
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.
task achievement
Your essay offers a clear response to the task prompt. However, try expanding more on different perspectives or counterarguments to give a fuller response.
coherence cohesion
Ensure that each paragraph transitions smoothly into the next with clear logical connectors. While your essay mostly flows well, there are places where the coherence can be slightly improved.
coherence cohesion
Be attentive to the word choice and expressions to maintain academic tone throughout. Minor grammar and vocabulary adjustments can elevate your essay further.
task achievement
You have presented clear and comprehensive ideas with relevant examples to support your arguments. This strengthens your task response.
coherence cohesion
Your introduction and conclusion are well-structured, which provides a strong framework for your essay.
Your opinion
Don’t put your opinion unless you are asked to give it.
If the question asks what you think, you MUST give your opinion to get a good score.
Don’t leave your opinion until the conclusion.
Here are examples of instructions that require you to give your opinion:
...do you agree or disagree?...do you think...?...your opinion...?