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?
Currently, possessing a house rather than renting one is essential for people in some nations. From my perspective, there are two main causes and this trend has both positive and negative consequences in equal measure, which I will outline now.
First of all, the main cause is probably considerable freedom. Owning a home means a person can renovate it as he wants like a complete kitchen remodel or walls with his favorite colors. While renting a house, renters are not allowed to make any changes to the property. The other factor that brings about the situation is tax reduction. Buying a home is considered the most expensive and important purchase for everyone in their life. Hence, to encourage this practice, the policymaker in several countries has provided several tax breaks, including deductions in mortgage interest and real estate taxes, thereby offering financial benefits to the public.
One the one hand, homeownership brings a few advantages. For one thing, it is a long-term investment. As a result of the increasing house prices over time, individuals could sell their current house for a high value so that they would upgrade with another luxury one. Thus, they are investing in an asset for themselves. The other appealing aspect that homeowners have is stability. People, for example, are inclined to stay longer in a home that they have purchased, for it requires a real commitment to live at the place for numerous years. Therefore, moving frequently is unlikely.
On the other hand, homeownership also has certain disadvantages. Perhaps the real drawback is the maintenance cost. When problems such as broken pipes or air-conditioners occur, owners of the house need to call for a repairman to get things fixed, so it would cost more money. While renting a home, people just report to the landlord and the maintenance fee is included in the pay rent, which is more cost-effective. The other issue would be the lack of mobility. To illustrate, if a person is given an attractive job offer but it demands him to move to another city, it may be difficult to leave his current property. An opposite picture is evident in renting a residence. Since there is no obligation to the place people rent, they are more mobile to relocate their homes, leading to changing jobs more easily.
In conclusion, the causes of this phenomenon are primarily to do with the freedom to make changes and tax incentives. Besides, the situation creates both positives and negatives for the public to realize.
Post date | Users | Rates | Link to Content |
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2024-08-18 | Tuan Harry | 84 | view |
2023-12-24 | Daniel3003 | 73 | view |
2023-12-24 | Daniel3003 | 67 | view |
2023-12-24 | Daniel3003 | 61 | view |
2023-12-20 | Daniel3003 | 61 | view |
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Transition Words or Phrases used:
also, besides, but, first, hence, if, may, so, therefore, thus, while, for example, in conclusion, such as, as a result, first of all, for one thing, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 21.0 13.1623246493 160% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 27.0 24.0651302605 112% => OK
Preposition: 45.0 41.998997996 107% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 2105.0 1615.20841683 130% => OK
No of words: 418.0 315.596192385 132% => OK
Chars per words: 5.03588516746 5.12529762239 98% => OK
Fourth root words length: 4.52162009685 4.20363070211 108% => OK
Word Length SD: 2.84233985628 2.80592935109 101% => OK
Unique words: 243.0 176.041082164 138% => OK
Unique words percentage: 0.581339712919 0.561755894193 103% => OK
syllable_count: 678.6 506.74238477 134% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 8.0 2.52805611222 316% => Less articles wanted as sentence beginning.
Subordination: 6.0 2.10420841683 285% => Less adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 25.0 16.0721442886 156% => OK
Sentence length: 16.0 20.2975951904 79% => The Avg. Sentence Length is relatively short.
Sentence length SD: 48.6316769195 49.4020404114 98% => OK
Chars per sentence: 84.2 106.682146367 79% => OK
Words per sentence: 16.72 20.7667163134 81% => OK
Discourse Markers: 6.68 7.06120827912 95% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 8.0 3.4128256513 234% => Less facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.273176807738 0.244688304435 112% => OK
Sentence topic coherence: 0.0606133876831 0.084324248473 72% => OK
Sentence topic coherence SD: 0.0564131584384 0.0667982634062 84% => OK
Paragraph topic coherence: 0.153132567538 0.151304729494 101% => OK
Paragraph topic coherence SD: 0.0569967503275 0.056905535591 100% => OK
Essay readability:
automated_readability_index: 10.7 13.0946893788 82% => Automated_readability_index is low.
flesch_reading_ease: 55.24 50.2224549098 110% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.5 11.3001002004 84% => OK
coleman_liau_index: 11.66 12.4159519038 94% => OK
dale_chall_readability_score: 8.77 8.58950901804 102% => OK
difficult_words: 115.0 78.4519038076 147% => OK
linsear_write_formula: 7.5 9.78957915832 77% => OK
gunning_fog: 8.4 10.1190380762 83% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.