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?
Buying a residential property or renting depends on individual mindset. Both the sides have pros and cons and therefore, people should use their discretion. Now I would like to discuss everything in detail.
Why people purchase a house or place to live that relies on multiple socio-economic factors. First and foremost, a house can provide privacy for the person and the family. As an owner, one is the all in making the decision on who is going to live in that house with them or not whereas in renting such flexibility may not be possible. For example, in a rented house you may need special permission to host your friends for few days which violates privacy, on the other hand, if you are the owner, there is no such rule. Moreover, people buy houses to build assets. Because in rent, you pay everything to the owner, but when you own your house, whatever you pay in repayment actually reduces your debt and finally you would own the house which has financial value. By doing so, people can save money. Furthermore, owning a house is a simple achievement in some societies. For this reason, people are eager to take ownership of a house to prove themselves successful.
Side by side, property ownership has its dark sides and bright sides. To highlight, the merits of owning a house, firstly, it helps people to be more conscious about their financial wellbeing. Not only this but also it gives people an address and a secure place to live and enjoy life.
However, buying a house is sometimes very expensive and it creates a large amount of debt. Besides, many investors and financial experts believe that investing in a house has a lower rate of return compared to other investments such as the stock market.
In conclusion, buying a house or renting both shows some merits and demerits. Therefore, individuals should decide which option is better suited for their needs and future prospects depending on their circumstances. Nonetheless, the matter is multifactorial and would always depend on many socio-economic variables.
Transition Words or Phrases used:
actually, also, besides, but, finally, first, firstly, furthermore, however, if, may, moreover, nonetheless, so, therefore, well, whereas, for example, in conclusion, such as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 19.0 10.4138276553 182% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 25.0 24.0651302605 104% => OK
Preposition: 37.0 41.998997996 88% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1694.0 1615.20841683 105% => OK
No of words: 345.0 315.596192385 109% => OK
Chars per words: 4.91014492754 5.12529762239 96% => OK
Fourth root words length: 4.3097767484 4.20363070211 103% => OK
Word Length SD: 2.72727901573 2.80592935109 97% => OK
Unique words: 193.0 176.041082164 110% => OK
Unique words percentage: 0.559420289855 0.561755894193 100% => OK
syllable_count: 531.0 506.74238477 105% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 20.0 16.0721442886 124% => OK
Sentence length: 17.0 20.2975951904 84% => The Avg. Sentence Length is relatively short.
Sentence length SD: 44.9416009951 49.4020404114 91% => OK
Chars per sentence: 84.7 106.682146367 79% => OK
Words per sentence: 17.25 20.7667163134 83% => OK
Discourse Markers: 9.65 7.06120827912 137% => 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 : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 5.0 3.4128256513 147% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.199727566806 0.244688304435 82% => OK
Sentence topic coherence: 0.0564045025326 0.084324248473 67% => OK
Sentence topic coherence SD: 0.0410033118663 0.0667982634062 61% => OK
Paragraph topic coherence: 0.0844671375268 0.151304729494 56% => OK
Paragraph topic coherence SD: 0.0685114886211 0.056905535591 120% => OK
Essay readability:
automated_readability_index: 10.3 13.0946893788 79% => Automated_readability_index is low.
flesch_reading_ease: 62.68 50.2224549098 125% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 8.7 11.3001002004 77% => OK
coleman_liau_index: 10.9 12.4159519038 88% => OK
dale_chall_readability_score: 8.23 8.58950901804 96% => OK
difficult_words: 82.0 78.4519038076 105% => OK
linsear_write_formula: 7.0 9.78957915832 72% => OK
gunning_fog: 8.8 10.1190380762 87% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 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.