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 a negative development?

Nowadays,

people

across the globe believe that it is beneficial to purchase their own

property

, rather than renting out for the rest of their

lives

.

This

case is majorly caused by the willingness to achieve

a

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apply

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financial

stability

once they get older. I tend to believe that

this

is a sign of a positive development since those with

property

loans are likely to be encouraged

in maintaining

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to maintain

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their performances in

professional

Correct pronoun usage

their professional

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lives

. First and foremost, the main cause of individuals choosing to own a

property

rather than renting is to secure their financial

stability

in the near

future

. If

people

keep renting a

house

and pay it monthly or yearly, they are likely to suffer from financial difficulties in the

future

, rather than owning one. Those who possessed their own

property

,

for example

, will only have a ten-year

mortage

Correct your spelling

mortgage

loan. So once the ten-year period loan is all settled, they will

finally

be free from liabilities related to

property

.

In contrast

, those who have never owned a

house

will have to pay for their

accomodations

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accommodations

accommodation

fee

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fees

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for the rest of their

lives

.

Consequently

, having

a

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apply

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property

is essential for several

people

, especially those who want to secure their economic

stability

in the

future

.

Such

a phenomenon is a sign of a positive development.

People

who are motivated to buy a

house

is

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are

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likely to be encouraged to have

a

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apply

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financial

stability

in order to pay for their mortgage as it

is usually comes

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usually comes

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with a higher amount of

installment

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instalment

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, rather than the amount of renting. Those kinds of population,

therefore

, will maintain their performance in their office, so they can have

a

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career

stability

,

Correct word choice

and securing

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securing

Wrong verb form

secure

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their monthly salary which can be used to pay for their mortgage bills, either monthly or yearly. To illustrate, youngsters with a

ten-year-tenure

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ten-year tenure

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of

property

loan will strive to do their best to avoid lay-offs, which sometimes result in a better performance at work. If they keep up the good work until ten years later, they will achieve

such

a kind of financial

stability

with a

property

as their asset, and will not become a financial burden for their families or relatives during their retirement period. In conclusion, the main purpose of individuals aiming to possess a

house

is to secure their financial condition in the

future

years. I believe that

this

is a sign of a positive development as it brings

motivations

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motivation

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and encouragement to several

people

in terms of securing their

lives

during their golden years.