185 You have enough money to purchase either a house or a business. Which would you choose to buy? Give specific reasons to explain your choice.
Given enough money, I would like to buy a house instead of purchasing a business. Although there are appealing advantages of purchasing a business, I feel that the benefits of buying a house are huger.
There is big risk when purchasing a business. Nearly fifty percent of the businesses fail in their first year. Compared to such high probability of failures, buying a house is much safer. Although sometimes the house needs some repairs, much of these can be achieved by one’s own. And by careful selecting the house, big repairs can be avoided for many years,
Buying a house is also a wise investment. What kind of business makes the most profit now? It definitely is real estate. With the increasing number of population, housing has become a serious problem, especially in big cities where there is a dense population. The house price has been up for many years in China even though the government has tried to put it down. In the years onward, house prices would most probably continue to go up. So if one buys a house, he can earn a great deal of money by selling it when the price goes up.
Additionally, you do not have to rent others’ house after purchasing a house, which means that you can save the rent. In big cities such as Beijing and Shanghai, the rent is usually very high. My friend has recently rent a small room in Beijing. The rent costs him 152 dollars a month, which is equal to the average wages of many workers in our country. Therefore, when we have our own houses, we can really save a lot of money. In fact, we can even earn some money by renting a spare room of the house.
In conclusion, I think it is a better idea to buy a house instead of purchasing a business. If one chooses to buy a house, he can avoid the risk of loss in business, he can make a profit by selling a house, and he can save the money for rents and can even earn some money by renting it to others. |