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Practice Reading: Re-order Paragraphs
ID: #4408
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* Move & order all paragraphs in the right field
Paragraph list
These schemes enable friends or partners to club together to purchase a share of a house or flat. The upfront payments are low, but the buyers gain an investment that is likely to pay dividends in the future.
For many young people, the possibility of owning a home, especially in one of the world's expensive cities, is financially remote.
They would prefer to spend their hard-earned incomes on a property that will become an asset over time.
Many of the same people feel that renting, although a more viable option because only a small deposit is necessary, is a waste of money.
A third alternative is emerging, though, with some of the advantages of buying a home and of renting: shared ownership.
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