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 the world that in possession of a home

nececitates

Correct your spelling

necessitates

, whereas others do not subscribe

Verify preposition usage

to

show examples

the view, arguing that renting is

m

Add an article

a

show examples

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

Secondly

,

p

Add an article

the

show examples

roperty is considered as

l

Add an article

a

show examples

ucrative financial investment, a surefire way to maintain

i

Add an article

an

show examples

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

Add an article

a

show examples

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

On the other hand

, quite

f

Change the article

a

show examples

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

Verify preposition usage

for

show examples

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

w

Add an article

the

show examples

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, which undermines

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

m

Add an article

a

show examples

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

Add an article

the

show examples

ros and cons of it. I would prefer

Add the particle

to

show examples

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