Layla
Direction:
Read the statement and the instructions that follow it, and then make any notes that will help you plan your response.
Now is the perfect time to buy a house in our city. Over the past five years, average home prices in our region have nearly doubled. But average stock prices in the national stock market have actually declined over the same period. So homeowners have seen an increase in value for their housing investment during the last five years that far exceeds what they could have made by investing in the stock market. Our city’s residents can surely achieve a similar profit over the next five years. Furthermore, if residents invest in a home, they can enjoy the use of the home while its value increases, whereas money invested in stocks would not contribute to their quality of life in the same way that owning a home would. Therefore, all the residents of our city should invest their money in a home.
In your opinion, how accurate is the view expressed above? Explain, using reasons and examples based on your own experience, observations, or reading. My essay:
The argument asserted that it is a good time to invest in real estate because to invest in a house is a better choice than to invest in the stock market for two reasons. First, investors can get more profit from a house under this these circumstances (or IN this circumstance) where average home prices have doubled while average stock prices have declined over the past five years. Secondly, unlike the investment on the stock market, the investment on in the real estate would improve the investors’ quality of life and take advantage of the usage of the home. However, these two reasons are deficient and unconvincing, which can be proved by the following reasons. To