In some countries owing a home rather than renting the one is very important for some. Why might this be the case? Do you think it is a positive or a negative development?

For some time now, it has become a topic of debate where a section of society in a few countries believes that renting a home is a better option rather than to purchase their own residence due to heavy

house

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tax, maintenance cost and the job shift culture. Let us explore some of the probable causes for

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trend and I see it as an unproductive move in my opinion. We must acknowledge the fact that residing in a mortgaged home is less troublesome as it is not at all easy for the

netizens

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to bear the maintenance cost and to pay the levy

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tax. Since their salary structure cannot bear the burden of purchasing their own mansion.

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to expenses, flexibility is another factor owing to shifting job culture as there is competition in the market and the cost of moving is less if the residents are renting the

apartment

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rather than owning them as it takes time to sale the property.

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, it cannot be denied that having the personal

apartment

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plays an impeccable role as it gives the individual the sense of security of living.

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, a recent survey conducted revealed that the

netizens

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which own their

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are more contented as compared to the ones who are sharing the rented residence.

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, the owned property is an asset for the lifetime rather than spending a huge amount on paying rent to the landlords.

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, I believe, an individual will never get returns on

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renting investment and

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is a considerate loss of monetary funds as the property will never belong to the tenant.

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, the residents cannot make customised changes in the landlord’s

apartment

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as per the agreement signed between the owner and the tenant. To conclude, it can be summarised that,

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one should rent a studio as it provides flexibility of moving and lessen the burden of regular expenses to maintain the same,

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, I opine, renting a

house

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is a contrary alarming trend as it does not renders any interest, and freedom of choice and changes in the mortgaged

apartment

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is restricted.