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?

There is an entrenched belief that pervades parts of

w

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the

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orld that in possession a home

matters

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matter

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, whereas others do not subscribe

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to

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the view, arguing that renting is

m

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a

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ore rational option given current economic trending.

That is

the case and not always the

one

.

To begin

with, owning a property to live plays a role of paramount importance in our daily life.

For instance

, it offers

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a

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ense of security for people to live , work and study on their own, which backs them up to pursue their dreams without feeling insecure.

Secondly

,

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the

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roperty is considered as

valuble

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valuable

financial investment, a surefire way to maintain

i

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an

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ndividual's financial safety.

For example

, to offset inflation. At

last

but not least, it gives people something to fall back on, when

one

comes up against financial troubles, selling

h

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a

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ome is the quickest way to make them get back on their feet.

On the other hand

, quite

f

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a

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ew people are in favour of renting a place to live. There are some reasons

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for

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spelling out the phenomenon.

First

of all, admittedly, people opt for renting rather buying out of financial purpose. Buying a real estate can be a huge financial challenge, which discourages a vast of young people who freshly get their feet in

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the

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orkplace. In the

second

place, possessing a real estate takes its toll on mobility to some extent. Once the neighbourhood fails to live up your expectations, moving a house can be a toil,

japordizing

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jeopardizing

one

's financial and mental wellbeings.

By contrast

, getting out a leased place is rather handy. Top of that, most population bear the burden of

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a

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ortgage, constant being aware of a repayment lying ahead exerts huge impacts

one

's mental health, contradicting to their intended sweet dreams ironically. To sum up, renting or buying has its own merits. When making a decision, people ought to weigh on

p

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the

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ros and cons of it. I would prefer

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to

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err on the side of caution on account of financial consideration, renting an apartment to go about my own independent life.