In some countries owning a home rather than renting one is very important for people. Why this might be the case? Do you think this is positive or negative feedback?

Almost all people in many
nation
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nations
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would prefer to own a home and consider renting condominiums as a secondary option. They see it as an investment asset and as a
mean
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means
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to exercise freedom to do whatever they love. I believe that
this
is a positive condition. The ultimate reason for folks to prefer to be a homeowner
instead
of renting is because buying a property provides
a
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apply
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financial stability and creates generational wealth. In fact, homeownership gives a sense of financial security and can
also
be seen as an important investment.
This
is because
,
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apply
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the real estate can be appreciated over time and provide financial security to the next generation. Later, the parents would pass down their property to their children, helping them to build and maintain the family wealth and legacy
further
.
This
is how many
billionares
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billionaires
are born and it all
begin
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begins
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with their grandparents and parents wanting to own a home.
Moreover
, owning a house or an apartment allows the owner to have control over their place and able to customize freely
according to
their lifestyle preferences.
This
is because
,
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apply
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one would like to renovate and decorate their place as they wish rather than complaining
every
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about every
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minor
errors
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error
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to the apartment investor and sometimes it would even take a very long time to fix those things.
However
,
this
would create a lot
discomfort
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of discomfort
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and irritation to the occupants.
Therefore
, possessing a building will allow the owner to customize their living space in any
ways
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way
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they like In conclusion, I believe, purchasing a property to live in with family is a positive condition as it
also
provides safety and more privacy being in owned space.
Submitted by coke_sars on

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • Financial Stability
  • Investment
  • Appreciation
  • Social Status
  • Prestige
  • Control
  • Customization
  • Long-term Savings
  • Sense of Belonging
  • Permanency
  • Generational Wealth
  • Security
  • Privacy
  • Tax Benefits
  • Incentives
  • Ownership
  • Community
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