In some countries, owning a house rather than renting one is very important for people why might this be the case? Do you think this is a positive or negative situation ?

It is true that in some Nations individual see buying a
house
is insurance shall rather than living in a rented one for various reasons. But some expect
also
believe that renting a home is
also
beneficial. From my point of view owning a
house
is more advantages to people.
To begin
, people think that it is necessary for them to buy accommodation because they believe that when they have a permanent home they will focus more on their work and family.
Furthermore
, owning a
house
is considered as investment for many people, which can be helped during their difficult times.
Also
we can make changes in the building, according to their pleas and
also
renovate to their taste if we have our own
house
.
However
, nowadays rental fees are pretty high, so people spend a lot of money to pay the fee of
house
Suggestion
the house
. They face difficulties in 2 film fill the names of the family members.
Although
if they have their own smoke
house
they feel comfortable and do not worry about the rent.
On the other hand
, there are various disadvantages to live in rented one. As people live in a rent
house
so they can need to follow the rules and regulation of the owner. Most of the things should be done according to the master of the
house
. Sometimes an owner of the
house
is so
strick
rigidly accurate; allowing no deviation from a standard
strict
that they cannot tolerate by our family members.
Furthermore
the sense of satisfaction that we felt in our own home is missing in the rented one. To sum up, I tend to believe that there are more problems while living in a rented
house
rather than living in own
house
. As a feeling of satisfaction and taxation are most important which can only felt in own
house
.
Submitted by PRATHAM AGGARWAL on

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Topic Vocabulary:
  • homeownership
  • financial security
  • property appreciation
  • equity
  • mortgage
  • real estate
  • tax incentives
  • fixed asset
  • inheritance
  • economic mobility
  • housing market
  • maintenance
  • upfront costs
  • long-term investment
  • personal space
  • housing bubble
  • rental market
  • housing crisis
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