For years, we have been led to believe that buying a home is preferable to renting. Recently, this issue has ignited demonstrations in Spain and prompted individuals to reevaluate their choices regarding homeownership versus renting a place to live.
Watch the video to learn more about “buying or renting a home?”.
Vocabulary Questions:
- What does “conventional wisdom” mean? “For generations, conventional wisdom has been that home ownership is financially better than renting. ” Use this term in a sentence. Give a similar expression.
- What does “paid off” mean? “Plus, she paid off her mortgage, so she only needs to pay taxes, insurance and maintenance cost going forward. Give a similar expression.
- What does “won out” mean? “But Lisa won out in other ways.” Use this phrase in a sentence. Give a similar expression.
Discussion Questions:
- After watching the video, which option do you think is better: owning or renting? Please explain your reasoning.
- Is it a common belief in your country that owning a home is preferable to renting? If so, why is that?
- Do you prefer owning or renting a home? Please explain your stance.
- What are the advantages and disadvantages of renting and owning homes?
- What are the factors you consider before deciding to either rent or own homes?