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?

In many nations, people prefer to purchase abodes
instead
of paying lease fees to the landlord.
This
way of preference has numerous potential reasons. Personally, I am convinced that
this
can bring about so many merits. In the majority parts of the globe, people who can afford to buy a
home
are considered privileged compared to
the
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those who are just tenants.
To begin
with, purchasing a
home
has a considerable effect on
money
management and investment.
That is
,
although
a person who pays a small fortune to buy a
home
may lose a sum of
money
at first glance, he can save
money
from that time onwards because he does not need to pay rent to the landlord. To clarify, owning a
home
is considered an investment, as the value and price of that
home
will increase markedly in the long term.
This
means that
,
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a person who owns a
home
not only can take advantage of growing financial value, but
also
reserve the rent
money
in order to supply other facilities for himself.
For example
, the price of land and homes in Iran soars tremendously in the long or short term
due to
inflation. So, if an individual invests his
money
in abodes, his
money
will soon grow significantly.
Furthermore
, if you own a
home
, you are free to make any modifications to your
home
. To simplify, the owner of a
home
is free to do refurbishment
as well as
reconstruction in his
home
. He does not need to get permission from the landlord for any renovation.
For instance
, the owner can add solar panels on the rooftop or build an extra room for his children. In conclusion,
due to
the foregoing reasons, there are so many advantages to purchasing a
home
rather than renting it.
Hence
, I am of the opinion that saving
money
,
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and being able to make any changes are good indications of owning a
home
.
Submitted by aradzandieh.dvm on

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task achievement
Ensure all points are well-supported with clear and relevant details. For example, explain further the financial benefits of owning a home in terms of long-term savings and investment returns.
coherence cohesion
Work on enhancing the transition between ideas to improve flow. The transition from the financial benefits to the freedom of modification could be smoother.
task achievement
The essay provides clear explanations and relevant examples to support the main ideas.
coherence cohesion
The introduction effectively outlines the essay’s standpoint, and the conclusion neatly summarizes the key points discussed.

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Topic Vocabulary:
  • ownership
  • renting
  • importance
  • sense of security
  • stability
  • financial investment
  • asset
  • customize
  • decorate
  • belonging
  • community
  • potential
  • future generations
  • long-term
  • cost advantage
  • control
  • living space
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