62. Cambridge IELTS 15 | Why Is Owning a Home Important？

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?

1. home ownership /homeowner /buying/purchasing a house or an apartment

2. renter

3. financial status/standing

4. evaluate

5. perceived

6. the lower middle class /the working class

7. life satisfaction

8. satisfied with their lives

9. mortgage loans

Read the whole sample essay here: https://www.ieltsessaybank.com/owning-a-home/