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 a positive or negative situation?

In many of the nations, citizens believe in investing in a property. It is considered as a safety plan as well as a socioeconomic status. I, personally, believe that it is essential to having a roof under your head,

that is

, having your own house, since it is among the basic needs. To embark on, there are so many reasons for investing in a property rather than renting one.

First

and foremost, if you are planning a family, it becomes a fundamental need. To choose your neighbourhood is always in your hands. Not only

this

, you can always live by your rules in your house. One clear example is, in a rented place, there is always a possibility that he or she might impose his or her own rules and policies in your apartment.

In addition

to

this

, they (the landlords) might

also

impose regulations that might not be legit. There are so many merits regarding having your own mansion or apartment.

Firstly

, you have the freedom to live by your own policies, whether it is about playing music in the middle of the night or about maintaining your garden.

Furthermore

, you always have the option of renting out your place, which would be a good source of income. In fact, so many people invest in high end condos and give it for rent, which has become a business. To sum up, I would like to say that buying a home is a progressive approach and a long term plan. It has a lot of benefits in economical terms.

Hence

, I perceive it as a positive trend.