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Many countries interest owing home rather than renting. What is reason for it and give your openion

Many countries interest owing home rather than renting. What is reason for it and give your openion AJgDN
Many countries around the world have seen a trend towards owning your own home instead of renting. This essay will consider why this is the case, and whether or not this is beneficial. The first reason why people wish to buy their own home is because it provides them with a sense of stability. Rental contracts are temporary agreements, often just between 6 and 12 months in duration, at the end of which you may have to leave and find alternative accommodation. Owning a home means you get to live there permanently. The second reason, and one which has grown in importance in recent years, is that owning your own home is seen as an investment. Property prices generally rise, so real estate can be a safe place to invest your surplus income. House prices in the UK, for example, rise by around 4%per annum whereas interest on bank deposits is close to zero. For individuals, then, there seem to be clear positive benefits to owning your home. But overall, I feel there are considerable downsides, both for individuals and for society as a whole. For most people, buying property requires taking out a mortgage, typically for a length of 25 years, and if at any time during this period borrowers are unable to maintain mortgage payments, they risk losing their property. For society as a whole there are also negatives. The demand for buying property leads to house price inflation, which can mean people on low incomes, such as young people, can find it impossible to buy their own home, forcing them to rent. In conclusion, a desire for stability and seeing a return on your investments are key reasons behind the trend towards buying property, but despite these benefits, there are serious problems.
This phrase/word is too simple and can be replaced with:
Many
countries around the world have
This phrase/word (depending on the context) can be potentially replaced with :
seen
a trend towards
You use this word too often, consider replacing it with
owning
your
This phrase/word (depending on the context) can be potentially replaced with :
own
home
instead
of renting. This essay will consider why this is the case, and
Consider shortening this phrase to just "whether". It is correct though if you mean 'regardless of whether'.
whether or not
this is beneficial.

The
first
reason why
You use this word too often, consider replacing it with
people
wish to
This phrase/word (depending on the context) can be potentially replaced with :
buy
their
This phrase/word (depending on the context) can be potentially replaced with :
own
home is
This phrase/word is too simple and can be replaced with:
because
it provides them with a sense of stability. Rental contracts are temporary agreements,
This phrase/word is too simple and can be replaced with:
often
This phrase/word is too simple and can be replaced with:
just
between 6 and 12 months in duration, at the
This phrase/word (depending on the context) can be potentially replaced with :
end
of which you may
This phrase/word is too simple and can be replaced with:
have to
This phrase/word (depending on the context) can be potentially replaced with :
leave
and find alternative accommodation.
You use this word too often, consider replacing it with
Owning
a home means you
This phrase/word (depending on the context) can be potentially replaced with :
get
to
This phrase/word (depending on the context) can be potentially replaced with :
live
there
permanently
.

The second reason, and one which has grown in importance in recent years, is that
You use this word too often, consider replacing it with
owning
your
This phrase/word (depending on the context) can be potentially replaced with :
own
home is
This phrase/word (depending on the context) can be potentially replaced with :
seen
as an investment.
You use this word too often, consider replacing it with
Property
prices
generally
rise,
This phrase/word is too simple and can be replaced with:
so
real estate can be a safe place to invest your surplus income.
This phrase/word (depending on the context) can be potentially replaced with :
House
prices in the UK,
for example
, rise by around 4%per
Possible spelling mistake found.
annum
whereas interest on bank deposits is close to zero.

For individuals, then, there seem to be
This phrase/word (depending on the context) can be potentially replaced with :
clear
This phrase/word is too simple and can be replaced with:
positive
benefits to
You use this word too often, consider replacing it with
owning
your home.
This phrase/word is too simple and can be replaced with:
But
overall
, I feel there are considerable downsides, both for individuals and for society as a whole. For most
You use this word too often, consider replacing it with
people
, buying
You use this word too often, consider replacing it with
property
requires taking out a mortgage,
typically
for a length of 25 years, and if at any time during this period borrowers are unable to maintain mortgage payments, they
This phrase/word (depending on the context) can be potentially replaced with :
risk
losing their
You use this word too often, consider replacing it with
property
. For society as a whole there are
also
negatives. The demand for buying
You use this word too often, consider replacing it with
property
leads to
This phrase/word (depending on the context) can be potentially replaced with :
house
price inflation, which can mean
You use this word too often, consider replacing it with
people
on low incomes, such as young
You use this word too often, consider replacing it with
people
, can find it impossible to
This phrase/word (depending on the context) can be potentially replaced with :
buy
their
This phrase/word (depending on the context) can be potentially replaced with :
own
home, forcing them to rent.

In conclusion
, a desire for stability and seeing a return on your investments are key reasons behind the trend towards buying
You use this word too often, consider replacing it with
property
,
This phrase/word is too simple and can be replaced with:
but
despite these benefits, there are serious problems.
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IELTS essay Many countries interest owing home rather than renting. What is reason for it and give your openion

Essay
  American English
5 paragraphs
295 words
6.5
Overall Band Score
Coherence and Cohesion: 6.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.5
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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