In some countries, owning a home 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?

According to an article which was published in the New York Times many people have preferred to own their homes;

however

, in developed countries, they prefer to rent houses because it helps them to save time and improve their economic level.

In other words

,

statistical

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statistics

shows that there are some elements contribute to renting or owing homes

such

as social reasons and financial conditions. At the point of me, having your own home is important because you have to depend on yourself and build your own life without your parents. In the beginning, while youngsters try to establish a new life depending on their qualities and skills, others prefer to live with their parents for economic reasons.

For example

, in Egypt, many married couples suffer from

economic issue

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the economic issue

because of the amount of money they spent on their marriage ceremony.

As a result

of that, they prefer to stay and live in the family’s home because they spent a lot of

many

the most common medium of exchange; functions as legal tender

money

and suppress to deal with

this

issue.

On the other hand

, in developed countries, youth people separate from their family houses to independent ones, they try to keep in touch with them. According to their culture, they have to build their own homes because it provides them with personal

life especially

Accept comma addition

life, especially

if they transfer from town to another.

In addition

to

this

, there are advantages about renting houses. As per

this

article, many entrepreneurs used

to

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for

investment by purchasing homes and real estates which increase their incomes. A plethora of private companies

depend

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depends

on renting or establishing homes because it brings a huge value for their Stocks in the

labor

a social class comprising those who do manual labor or work for wages

labour

market.

For example

, in

USA

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the USA

there are many companies which

prevents

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prevent

many services to young people to have

own

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owned

ownership

homes according to the Economist Journal. In conclusion, after

this

essay has shown the diverse points of views about rent or own homes,

in addition

to its advantages and I support

this

trend.

However

, parents should encourage their adults to have their own homes if they want to instill good

communications

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communication

skills towards others.